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Ocala,FL 34471
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 17,416 sqft
Price per Sqft $171
Subdivision I And P Apartments
MLS Listing ID OM682309
Bedrooms 48
HOA Y/N No
Originating Board Stellar MLS
Year Built 1971
Annual Tax Amount $26,454
Lot Size 3.890 Acres
Acres 3.89
Lot Dimensions 140x570
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.
Location
State FL
County Marion
Community I And P Apartments
Zoning R2
Interior
Interior Features Other
Heating Wall Furnance
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Waterfront false
Roof Type Metal
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Special Listing Condition None