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Key Details
Sold Price $372,500
Property Type Residential Income
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,764 sqft
Price per Sqft $78
Subdivision The 3 Kings Subdivision
MLS Listing ID G5045881
Year Built 1979
Annual Tax Amount $2,782
Lot Size 0.470 Acres
Property Sub-Type Quadruplex
Property Description
4 unit Townhouse/Apartment building situated within the City of Ocala. Excellent rental history - 100% occupied. Each unit is a 2 bedroom/1.5 bath. Open living and dining area. Two of the units are enrolled in the Section 8 program. Current rents are significantly below market. The structure is made of concrete block construction. New roof installed in 2019. Building was recently painted. Asphalt parking lot has one covered carport space. Very nice setting and convenient to shopping and the city bus stop. Building consists of 4764 SF and includes a small utility room previously used by the owner as a coin laundry for tenants. Tenants pay all utility expenses with exception of water and common area electric (lighting/utility room).
Location
State FL
County Marion
Community The 3 Kings Subdivision
Zoning R2
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature Lighting, Sidewalk
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CENTURY 21 PRIME PROPERTY RESO