24-unit multi-family portfolio (12 duplexes) all on one 3.89 acre parcel, located within minutes to downtown Ocala. These units all consist of 2-bedroom 1-bath units, and are currently 100% occupied, providing immediate cash flow to new Owners. All 12 buildings have newer metal roofs, installed in 2019, and have seen various upgrades, and renovations over the last few years. There is immediate opportunity for rental increases with current rents well below market.
Property Details
Price:
$2,995,000
MLS #:
OM682309
Status:
Active
Beds:
48
Baths:
24
Type:
Multi Family
Subtype:
Duplex
Subdivision:
I AND P APARTMENTS
City:
OCALA
Listed Date:
Jul 17, 2024
State:
FL
Finished Sq Ft:
17,416
ZIP:
34471
Lot Size:
169,448 sqft / 3.89 acres (approx)
Year Built:
1971
Units:
24
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Laundry Features
Other
Exterior
Construction Materials
Block
Exterior Features
Other
Roof
Metal
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$26,454
Map
Community
- AddressSW AVENUE OCALA FL
- CityOCALA
- CountyMarion
- Zip Code34471
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Courtesy of COLDWELL BANKER ELLISON REALTY O. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
SW AVENUE
OCALA, FL
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