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1870 SE 40TH STREET ROAD

Commercial Active With Contract
$519,000

BTC: 8.37245318

ETH: 163.50318973

-$26K (2024/03/25)
49 days
0 room(s)
3,233 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Available Now! Possible owner occupant FHA financing. 7% actual capitalization rate. This quadruplex is one of two offered for sale in the same neighborhood! Please see listing OM673200 for details on the other. This high income producing quadruplex is located the popular SE area of town. This quadruplex features four wonderfully renovated 2/1 units. All of the units are presently occupied but one will be vacant Mid March / April to allow for owner occupant FHA financing opportunity. The nearby amenities such as schools, groceries, shopping centers, and restaurants create a high rental rate. This translates into a very profitable opportunity for any new owner. Each unit is outfitted with its separately metered gas, washer, sewer, and electric. Overall the high rental rates, excellent location, and ease of management make this a very lucrative opportunity. Please inquire today. Also for sale is nearby neighboring quadruplex OM673200.

Location

Florida • OCALA • 34480 • Commercial • Active With Contract

Facts and features

Type:
Commercial Sale
Parking:
6 to 12 Spaces
Year Built:
1982
Lot:
0.28 Acres
Heating:
Heat Pump
Price/sqft:
$161
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Heating

    • Heat Pump

    Cooling

    • Central Air

  • Parking

    • 6 to 12 Spaces

    Property

    • Levels: One

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 3120001012

    • Zoning: R3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Capable

  • Other financial information

    • Annual tax amount: $5,559

  • Source details

    • MLS ID: OM673198

    Other facts

    • Construction Materials: Wood Siding

    • Foundation Details: Block

    • Living Area: 3233

    • Water Source: Public

    • Lot Size Dimensions: 100 x 120

    • Subdivision Name: CITRUS PARK

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BUSCH REALTY