$257,000
$280,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,056 SqFt
SOLD DATE : 09/13/2024
Key Details
Sold Price $257,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,056 sqft
Price per Sqft $243
Subdivision Ocala Rdg Un 13
MLS Listing ID T3535750
Sold Date 09/13/24
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1986
Annual Tax Amount $1,889
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 75x100
Property Description
9.5% Cap rate upon takeover, excellent investment, low expenses! Welcome to this beautifully renovated duplex located in the heart of Ocala! This property offers a perfect blend of modern amenities and low-maintenance living, making it an ideal investment opportunity. Both units have been meticulously updated with new appliances, LPVC flooring, completely remodeled bathrooms, and fresh paint both inside and out. The addition of a new metal roof ensures long-term durability and minimal maintenance, providing peace of mind for the future. Both units have a new AC system as well. The units are (2) 1/1 units. This duplex is a fantastic investment with stable income, currently generating $2550 per month from long-term tenants. Operating costs are incredibly low, as the only expense is landscaping and trash collection—tenants pay for electricity, and the property benefits from a well water system. With all updates and renovations completed, this property is truly move-in ready. Whether you're an investor looking for a reliable income property or a homeowner seeking a property with rental income potential, this duplex is a must-see.
Location
State FL
County Marion
Community Ocala Rdg Un 13
Zoning R2
Interior
Interior Features Other
Heating Other
Cooling Other
Fireplace false
Laundry Other
Exterior
Exterior Feature Other
Parking Features Driveway
Utilities Available Other
Roof Type Metal
Attached Garage false
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Other
Water See Remarks
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, FHA
Listing Terms Cash, FHA
Special Listing Condition None
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