#OM682309
Ocala, FL
- 48 beds
- 24 baths
- 17,416 sqft
- ~4 acre lot
- $171 per sqft
- 1971 build
- – on site
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.
Listing courtesy of STELLAR_MLS / COLDWELL BANKER ELLISON REALTY O
Last checked:
Checking…
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Last updated Oct 15, 2024
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MLS# OM682309 —
The Building
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Year Built:1971
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New Construction:false
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Construction Materials:Block
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Levels:One
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Roof:Metal
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Foundation Details:Slab
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# of Buildings:12
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Building Area Units:Square Feet
Interior
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Interior Features:Other
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Fireplace:false
Room Dimensions
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Living Area:17416
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Traveling west on W Hwy 40, turn South on MLK Ave, to right on SW 7th St. Turn left on SW 19th Ave (caddy corner to NH Jones School) Lantana Apartments on left.
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Latitude:29.179637
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Longitude:-82.1557459
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Coordinates:-82.1557459, 29.179637
The Property
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Parcel Number:2273900100
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Property Type:Residential Income
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Property Subtype:Duplex
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Lot Size Acres:3.89
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Lot Size Area:3.89
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Lot Size SqFt:169448
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Lot Size Dimensions:140 x 570
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Lot Size Units:Acres
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Total Acres:2 to less than 5
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Zoning:R2
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View:false
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Exterior Features:Other
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Water Source:Public
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Road Surface Type:Paved
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Flood Zone Code:X
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Additional Parcels:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (352) 267-5579
- Office phone:
- (352) 732-8350
Taxes
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Tax Year:2023
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Tax Block:0/0
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Tax Legal Description:SEC 13 TWP 15 RGE 21 S 1/4 OF SE 1/4 OF SE 1/4 EXC E 666.83 FT & EXC RD ROW & EXC N 50 FT OF S 190 FT OF S 1/2 OF SE 1/4 OF SE 1/4 LESS E 666.83 & LESS W 30 FT THAT PORTION OF W 1/2 OF ABROGATED SW 17TH AVE (PLATTED 25TH ST) PER RES 2000-109 DESC AS FOLLOWS: W 30 FT OF E 666.83 FT OF S 1/4 OF SE 1/4 OF SE 1/4 OF SEC 13.
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Tax Book Number:0/0
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Tax Annual Amount:26454
Beds
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Bedrooms Total:48
Baths
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Total Baths:24
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:Wall/Window Unit(s)
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Cooling:true
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
Appliances
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Laundry Features:Other
The Community
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Subdivision Name:I AND P APARTMENTS
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:No
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:true
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Carport Spaces:20
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Covered Spaces:20
Extra Units
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# of Units Total:24
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/17/24
Jul 17, 2024
|
Listed / Active | STELLAR_MLS | $2,995,000 |