1622 NW 16TH ST, OCALA, FL, 34475
$279,999
Residential Income
Bedrooms
4
Bathrooms
2
Living Area
1,380 Sqft
Lot Size
11,326 Sqft
This well maintained duplex offers an excellent opportunity for both first-time homebuyers and savvy investors. Each side features a cozy 2-bedroom, 1-bath layout with 690 sq ft of living space, providing a total of 1,380 sq ft of rental income potential. Currently, both units are occupied producing a combined rental income of $1,500/month. Situated on a spacious quarter-acre corner lot, this duplex is conveniently located just minutes away from downtown, offering easy access to shopping, dining, and entertainment. Additionally, it’s a short drive from the world-renowned World Equestrian Center, making it a prime location for various lifestyle and business needs. Whether you're looking for a home to live in while renting out the other unit or seeking a reliable income-producing property, this duplex is a fantastic choice. Don't miss out on this perfect blend of convenience, comfort, and investment potential!
Property Details
Property Features Property Features
MLS ID: MFROM696255 Year Built: 1985
Construction Materials: Block, Concrete Cooling: Wall/Window Unit(s)
Country: US County Or Parish: Marion
Exterior Features: Private Mailbox Foundation Details: Slab
Heating: Ductless Laundry Features: Other
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Paved Roof: Shingle
Sewer: Public Sewer Showing Requirements: ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Connected
Water Source: Public
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