Bought with
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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,020 sqft
Price per Sqft $155
Subdivision Oak Park Caldwells Add
MLS Listing ID OM709865
Sold Date 10/13/25
HOA Y/N No
Year Built 1978
Annual Tax Amount $9,113
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 200x77
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Welcome to an exceptional investment opportunity only a mile from Downtown Ocala! This renovated quadplex features four identical 2-bedroom, 1.5-bathroom units, each thoughtfully designed with quality finishes and modern upgrades. Each unit boasts a spacious layout, low maintenance kitchens with stainless steel appliances, stylish bathrooms, and in-unit laundry. Investors will be impressed by the financial performance of this property, offering a remarkable monthly rental income of $1,500/unit and an annual income of $72,000. One unit is currently used as an Airbnb and in 2024 produced $33,000, raising the potential income of the total property to $130,000+. Three units are currently vacant due to FULL REMODELS. Operating expenses are minimal, with landscaping at $100/mo and no other regular expenses. This property provides excellent cash flow and significant long-term appreciation potential. Preapproval or proof of funds is required. Don't miss the opportunity to own this profitable and low-maintenance investment in a highly desirable area!
Location
State FL
County Marion
Community Oak Park Caldwells Add
Area 34470 - Ocala
Zoning R3
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Fence
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
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 Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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