UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,913 sqft
Price per Sqft $178
Subdivision Citrus Park
MLS Listing ID OM725149
Bedrooms 8
HOA Y/N No
Year Built 1981
Annual Tax Amount $6,626
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 120x120
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
This well-maintained 3,870 SF multifamily property consists of four fully leased 2-bedroom / 1-bath units, each generating $1,400 per month in rental income, providing investors with a strong and consistent revenue stream from day one. In 2021, the property underwent extensive improvements including a new roof, fully remodeled interiors with updated flooring, cabinets, and modern finishes, along with substantial upgrades to the plumbing and electrical systems. With major capital improvements already completed and stable in-place tenancy, this property presents an exceptional low-maintenance investment opportunity with strong income potential and long-term upside. Ideal for investors seeking a truly turnkey multifamily asset with immediate returns.
Location
State FL
County Marion
Community Citrus Park
Area 34480 - Ocala
Zoning R1
Interior
Interior Features Ceiling Fans(s), Thermostat, Walk-In Closet(s)
Heating Central
Cooling Central Air
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature None
Utilities Available Cable Available, Electricity Available, Water Available
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Nearby Locations
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