Overview
- Quadruplex, Residential Income
- 8
- 4
Description
Available Now! NEW ROOF AUGUST 2024 and RECENT DRAINFIELD. Professionally managed quadruplex with 7.8% actual capitalization rate, not proforma. This high income producing quadruplex is located in the popular SW area of town. This quadruplex features four 2/1 units. This desirable area of town near the Florida Horse Park, rapidly growing 484 commerce area, and proximity to I-75 create a high and sustainable rental rate. This translates into a very profitable passive income opportunity for any new owner. Each unit is outfitted with its separately metered electric and interior laundry. Overall the high rental rates, 2024 roof, newer drain field, and ease of management make this a very lucrative opportunity. Property is currently professionally managed. T-12 Cash flow statement attached. Please inquire today.
Address
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Address: 1836 SW 109TH PLACE
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City: Ocala
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State/county: FL
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Zip/Postal Code: 34476
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Country: US
Details
Updated on June 13, 2025 at 2:24 pm-
Property ID HZOM700603
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Price $495,000
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Land Area 0.35 Acres
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Bedrooms 8
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Bathrooms 4
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Year Built 1982
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional
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Roof Shingle
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Utilities Electricity Connected
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Sewer Septic Tank
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Cooling Central Air
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Heating Electric
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Flooring Tile
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County Marion
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Property Type Residential Income
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Elementary School Belleview-Santos Elem. School
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Middle School Horizon Academy/Mar Oaks
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High School West Port High School
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees