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Description
Turnkey four-unit investment property located in Southeast Ocala, offering immediate rental income and strong cash-flow potential. Situated on a 0.28-acre lot, the property features two occupied units and two vacant units ready for lease-up, giving the next owner the opportunity to increase income quickly.Once all four units are leased, projected rental income is approximately $4,950 monthly. With existing tenants in place and additional units available for immediate rental, this fourplex is an excellent opportunity for an investor seeking a turnkey multifamily property.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.28 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,392
Year Built: 1982
General Information
Bedrooms: 8
Sqft: 3,233
County: Marion
Subdivision: CITRUS PARK
Listed By:
Lorena Hernandez
SAFETYNET REALTY
317-603-8743
MLS ID: O6424139
Amenities
Ceiling Fans(s)
Other
Fence
Private Entrance
Property Features
Annual Net Income: 35880.00
Appliances: Dishwasher, Microwave, Range, Refrigerator
Days on Site: 1
Directions: From SE Maricamp Rd (SR 464), turn onto SE 39th Ave, then turn onto SE 17th Ctâ??the property is near the end of the cul-de-sac on your right.
Exterior: Block
Fireplace: Living Room, Stone
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile
Foundation: Block
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA, Other, VA Loan
Lot Dimensions: 0.28
Other Equipment: Private Entrance
Ownership: Fee Simple
Patio/Porch: Other
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R3
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3990 SE 17th Court, Ocala, FL 34480.
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Estimated Payment
$ 2,444.58 per month $1,683.04 Principal & Interest $616.00 Property Tax $145.54 Homeowner's Insurance