1836 SW 109TH PL, OCALA, FL, 34476
$495,000
Residential Income
Bedrooms
8
Bathrooms
4
Living Area
3,599 Sqft
Lot Size
15,246 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFROM700603 Year Built: 1982
Construction Materials: Block, Concrete, Stucco Cooling: Central Air
Country: US County Or Parish: Marion
Exterior Features: Courtyard, Other Financial Data Source: Owner
Flooring: Tile Foundation Details: Slab
Heating: Electric Laundry Features: Inside
Lease Term: Twelve Months Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: Corner Lot, In County
Patio And Porch Features: Porch Property Condition: Completed
Property Sub Type: Quadruplex Property Type: Residential Income
Road Responsibility: Public Maintained Road Road Surface Type: Asphalt
Roof: Shingle Sewer: Septic Tank
Showing Requirements: Appointment Only, See Remarks Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Connected Water Source: Public
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