120 NE SANCHEZ AVE, OCALA, FL, 34470
$440,000
Commercial Sale
|
Living Area
1,517 Sqft
|
Lot Size
7,405 Sqft
|
Nestled in the heart of Ocala’s historic district, this charming turn-of-the-century home seamlessly blends historic character with modern convenience. This 2-bedroom, 2.5-bathroom gem boasts two master suites and has been newly renovated, with updated electric and plumbing, a new roof, and beautifully preserved original hardwood floors. The inviting covered front porch sets the stage for timeless charm. Step outside to discover a stunningly landscaped courtyard-style backyard featuring a covered side porch and patio, perfect for outdoor relaxation or entertaining. Adding even more value, a detached cottage offers a 1-bedroom, 1-bathroom studio apartment with its own kitchen, private entrance, parking, and yard—ideal for guests, extended family, or generating rental income. This property offers the unique ability to rent out the main home 2 different ways and the cottage separately or together, maximizing rental potential. Currently leased through March as a successful Airbnb, it has a proven track record of consistent rental income. Additionally, the front of the main house has a potential full-term lease at $2,500 per month, providing steady revenue for investors or homeowners looking to maximize the property's earning potential immediately. Situated on a desirable corner lot next to downtown Ocala, you’ll enjoy convenient access to shops, grocery stores, pharmacies, and more. This amazing find is perfect for homeowners and investors alike. Don’t miss this rare chance to own a property that combines historic charm with modern profitability, call today to schedule your own private tour!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFROM693471 | Year Built: | 1918 | |
| Appliances: | Dishwasher, Refrigerator | Community Features: | Sidewalks | |
| Construction Materials: | Wood Frame, Wood Siding | Cooling: | Central Air | |
| Country: | US | Direction Faces: | East | |
| Flooring: | Other, Tile | Foundation Details: | Pillar/Post/Pier | |
| Heating: | Natural Gas | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA, VA Loan | |
| Lot Features: | Corner Lot, Historic District, City Limits, Landscaped, Sidewalk, Paved | Occupant Type: | Owner | |
| Other Structures: | Other | Property Sub Type: | Mixed Use | |
| Property Type: | Commercial Sale | Road Frontage Type: | City Street | |
| Road Surface Type: | Paved | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only, Call Listing Agent, See Remarks | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Water Connected | |
| Vegetation: | Mature Landscaping | Water Source: | Public | |
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