Property Description
This turnkey four-unit investment property located in Southeast Ocala offers immediate rental income and a strong cash-flow potential. Located on a 0.35-acre lot, the property features all occupied units, giving the next owner a chance to increase income quickly. Units A and D were recently renovated, which included an interior paintjob, kitchen and bathroom repairs, and some fixtures replacement, adding a fresh appeal for current and future tenants.Once all four units are leased, projected rental income is approximately $5,000 monthly. With existing tenants in place, two recently renovated units, and one additional unit available for immediate rental, this fourplex is an excellent opportunity for an investor seeking a turnkey multifamily property with room to increase cash flow.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.35 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,461
Year Built: 1981
Square Feet: 3,233
Amenities
Built-in Features
Ceiling Fans(s)
Other
Solid Wood Cabinets
Other
Private Entrance
Sidewalk
Feature Descriptions
Additional Rooms: Storage Rooms
Annual Net Income: 32832.00
Appliances: Dishwasher, Range, Refrigerator
Days on Site: 21
Directions: From US-441 & SE 40th Loop, head east on SE 40th Loop, stay left onto Lake Weir Ave, turn right onto SE 38th St, then right onto SE 17th Ct; the property is at the corner.
Exterior: Block
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, Other, VA Loan
Lot Dimensions: 0.35
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Driveway
Parking Notes: Driveway
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
Listed By / Shown By
Listed By
Agency Name: SAFETYNET REALTY
Agency Contact: 317-603-8743
Shown By
Agent Name: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 3,447.94 per month $2,671.61 Principal & Interest $621.75 Property Tax $154.58 Homeowner's InsuranceChange Payment Information
Print This Listingx
Select a format below, new window will open and will prompt you to print.
3800 SE 17th Court | MLS# O6433437
This multi-family property located at 3800 SE 17th Court, Ocala, FL 34480 is currently listed for sale with an asking price of $530,000. Search Ocala real estate on www.soldbyloscalzo.com today.