Ocala, FL 34471

$2,995,000
48
BD
17,416
SqFt
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List Price
$2,995,000
Status
Active
Days on Market
82
MLS#
OM682309
Property Style
Duplex
Year Built
1971
Bedrooms
48
Living Area
17,416
Lot Size
169,448
Acres
3.89
Total Acreage
2 to less than 5
Legal Subdivision Name
I And P Apartments
MLS Area Major
Ocala
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352-266-2637

Property Description

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.

352-266-2637
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Additional Information

Taxes
$26454
Annual Gross Income
250020
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R2
Interior Layout
Other
Interior Features
Other
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Wall Furnance
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Exterior Features
Other
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Carport
5+ Car Carport
Pets
Not allowed
Flood Zone Code
X
Parcel ID
22739-001-00
Legal Description
SEC 13 TWP 15 RGE 21 S 1/4 OF SE 1/4 OF SE 1/4 EXC E 666.83 FT & EXC RD ROW & EXC N 50 FT OF S 190 FT OF S 1/2 OF SE 1/4 OF SE 1/4 LESS E 666.83 & LESS W 30 FT THAT PORTION OF W 1/2 OF ABROGATED SW 17TH AVE (PLATTED 25TH ST) PER RES 2000-109 DESC AS FOLLOWS: W 30 FT OF E 666.83 FT OF S 1/4 OF SE 1/4 OF SE 1/4 OF SEC 13.
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Listing courtesy of COLDWELL BANKER ELLISON REALTY O.

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