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1836 SW 109TH PL Ocala, FL 34476
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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,599 sqft
Price per Sqft $134
Subdivision Quail Run
MLS Listing ID OM700603
Bedrooms 8
Year Built 1982
Annual Tax Amount $6,823
Lot Size 0.350 Acres
Property Sub-Type Quadruplex
Property Description
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.
Location
State FL
County Marion
Community Quail Run
Area 34476 - Ocala
Zoning R3
Interior
Heating Electric
Cooling Central Air
Flooring Tile
Laundry Inside
Exterior
Exterior Feature Courtyard, Other
Utilities Available Electricity Connected
Roof Type Shingle
Building
Lot Description Corner Lot, In County
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Schools
Elementary Schools Belleview-Santos Elem. School
Middle Schools Horizon Academy/Mar Oaks
High Schools West Port High School
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with FATHOM REALTY FL LLC