This well maintained duplex offers an excellent opportunity for both first-time homebuyers and savvy investors. Each side features a cozy 1-bedroom, 1-bath layout with 690 sq ft of living space, providing a total of 1,380 sq ft of rental income potential. Currently, both units are occupied producing a combined rental income of $1,500/month. Situated on a spacious quarter-acre corner lot, this duplex is conveniently located just minutes away from downtown, offering easy access to shopping, dining, and entertainment. Additionally, it’s a short drive from the world-renowned World Equestrian Center, making it a prime location for various lifestyle and business needs. Whether you’re looking for a home to live in while renting out the other unit or seeking a reliable income-producing property, this duplex is a fantastic choice. Don’t miss out on this perfect blend of convenience, comfort, and investment potential!
Property Details
Price:
$299,999
MLS #:
OM696255
Status:
Active
Beds:
4
Baths:
2
Address:
1622 NW 16TH STREET
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BUNCHE HEIGHTS
Neighborhood:
34475 – Ocala
City:
OCALA
Listed Date:
Feb 28, 2025
State:
FL
Finished Sq Ft:
1,556
Total Sq Ft:
1,556
ZIP:
34475
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1985
Units:
2
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Laundry Features
Other
Exterior
Construction Materials
Block, Concrete
Exterior Features
Private Mailbox
Roof
Shingle
Financial
Tax Year
2024
Taxes
$2,558
Map
Community
- Address1622 NW 16TH STREET OCALA FL
- SubdivisionBUNCHE HEIGHTS
- CityOCALA
- CountyMarion
- Zip Code34475
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1622 NW 16TH STREET
OCALA, FL
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