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1870 SE 40TH STREET ROAD
OCALA FL 34480 US

$519,000

Pending Listing ID OM673198
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Lot: 0.28 Acres
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Multi Family

$519,000

Pending Listing ID OM673198
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1870 SE 40TH STREET ROAD Available Now! Possible owner occupant FHA financing. 7% actual capitalization rate. This quadruplex is one of two offered for sale in the same neighborhood! Please see listing OM673200 for details on the other. This high income producing quadruplex is located the popular SE area of town. This quadruplex features four wonderfully renovated 2/1 units. All of the units are presently occupied but one will be vacant Mid March / April to allow for owner occupant FHA financing opportunity. The nearby amenities such as schools, groceries, shopping centers, and restaurants create a high rental rate. This translates into a very profitable opportunity for any new owner. Each unit is outfitted with its separately metered gas, washer, sewer, and electric. Overall the high rental rates, excellent location, and ease of management make this a very lucrative opportunity. Please inquire today. Also for sale is nearby neighboring quadruplex OM673200.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Multi Family
  • Features
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump

Property

  • propertytype: Commercial Sale
  • propertysubtype: Multi Family
  • listprice: 519000
  • unparsedaddress: 1870 SE 40TH STREET ROAD
  • postalcity: OCALA
  • stateorprovince: FL
  • country: US
  • postalcode: 34480
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.28
  • lotsizeunits: Acres
  • lotsizearea: 0.28
  • livingarea: 3233
  • livingareaunits: Square Feet
  • latitude: 29.147551
  • longitude: -82.112519
  • listagentfullname: Bradley Busch
  • listagentemail: bnbusch@ocalaproperty.net
  • listagentkey: 3yd-MFRMLSFL-271514507
  • listagentmlsid: 271514507
  • listagentpreferredphone: 3522740909
  • listagentofficephone: 3526901909
  • listofficekey: 3yd-MFRMLSFL-271500128
  • listofficemlsid: 271500128
  • disclaimer: Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1982
  • listingcontractdate: 2024-02-14
  • listagenturl: http://www.ocalaluxuryhomes.com
  • countyorparish: Marion
  • parcelnumber: 3120-001-012
  • constructionmaterials: Wood Siding
  • heating: Heat Pump
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.112519, 29.147551
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/OM673198/?channel=rexren", "LeadRoutingEmail":"bnbusch@ocalaproperty.net", "BrokerName":"Busch Realty", "ListingTitle":"Multi-Family - OCALA, FL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"ljbusch@ocalaproperty.net", "ListOfficeAddress1":"3300 SE 3rd Avenue", "ListOfficeAddress2":null, "ListOfficeCity":"Ocala", "ListOfficePostalCode":"34471", "ListOfficeStateOrProvince":"FL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Busch Realty", "ListBrokeragePhone":"(352) 690-1909", "ListBrokerageEmail":"kara@ocalaproperty.net", "ListBrokerageWebsiteUrl":"http://www.ocalaluxuryhomes.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/95/408581/20200224190023161.png", "ListBrokerageUnparsedAddress":"3300 SE 3rd Ave.", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Ocala", "ListBrokerageStateOrProvince":"FL", "ListBrokeragePostalCode":"34471", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-22T11:47:07Z", "Taxes":[{"TaxYear":"2023", "TaxAnnualAmount":5559.08, "TaxDescription":null}]}
Listing Changed: 4/22/2024 4:50:27 PM GMT
Source Updated Date: 5/16/2024 6:43:11 AM GMT

Courtesy of: Bradley Busch, BUSCH REALTY, bnbusch@ocalaproperty.net

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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