BEDS6
BATHS
SQUARE FEET2,978
MLS#OM724434
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTHREE KINGS
Property Description
Rare Ocala Multi-Family Opportunity - 4 Units - Versatile Layouts! Looking for a stable asset in the Horse Capital of the World? This quadplex offers the perfect blend of space and functionality for both owners and tenants. Units A & B are 1/1s, Units C & D are 2/1.5s. Roof replaced in 2020. Ample on-site parking for residents (6 spots and a guest area). Located minutes from downtown Ocala, shopping, and employment hubs. Unit B has been renovated/updated with new cabinets in the kitchen and bathroom, as well as new appliances and fresh paint. All units are tenant-occupied. Current rents/leases are $775, $900, $1070 and $800 with room to grow. The exterior of the building could use paint and a little wood rot repair. Selling as is and showings will be scheduled with tenants upon an accepted contract. Don't live in Ocala? The current property management company is available to stay on, providing the new owner with a truly passive income stream from day one! You will get the benefit of an expert who already knows the building, the tenants, and our local market.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.36 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,665
Year Built: 1981
Amenities
Walk-In Closet(s)
Sidewalk
Feature Descriptions
Annual Net Income: 3545.00
Days on Site: 1
Directions: East on Silver Springs Blvd, take a left (north on 25th Ave) Right on 3rd Street and left on 28th Ave.
Exterior: Block
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.36
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R3
Local Schools
High School: Vanguard High School
Middle School: Fort King Middle School
Elementary School: Wyomina Park Elementary School
Listed By / Shown By
Listed By
Agency Name: PURE OPERATING LLC
Agency Contact: 352-414-5292
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 1,445.74 per month $934.52 Principal & Interest $388.75 Property Tax $122.47 Homeowner's Insurance
601 NE 28th Avenue | MLS# OM724434
This multi-family property located at 601 NE 28th Avenue , Ocala, FL 34470 is currently listed for sale with an asking price of $419,900. Search Ocala real estate on www.realty100.com today.