Multi Family In Ocala 14% Cash on Cash Return! 🤑💸

Marion County, Ocala, FL, 34470
Sold
Listed at: November 10th, 2023
Price
$574,990
Sq. Footage
3348
Type
Multifamily
Parking
Assigned
Year build
1981
Lot size
10890.00 sqft
Bedrooms
8
Bathrooms
8
Half Bathrooms
0
Summary

Reach out to Frank for additional info! 305 283 2165

This 4-unit apartment building presents a unique investment opportunity. This property consists of three units that are primed for minor enhancements to unlock their full rental value, alongside a fourth unit that is already turnkey. The current rents are well below the market rate, offering a significant upside for rent increases.

Situated just moments away from the vibrant heart of downtown Ocala, this property is not only an investment in real estate but also in lifestyle and convenience. The proximity to downtown amenities

and the local community's growth trajectory make this an attractive proposition for potential tenants and ensures a strong, ongoing demand for housing

seller's credit for closing cost $10,000*** AC replaced 2014-2016 owns free and clear unit 1712 renovated in nov 2023 & has washer/ dryer hook up All units have individual central A/C roof replaced 2018

Act Fast property will not last!


Disclaimer: Please do your own due diligence. House is being sold as-is, information is deemed reliable but not always accurate. Property Values and Repairs are based on ballpark estimates and not definitive, please consult with an appraiser or general contract for more definitive numbers.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Francesco

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