Available Now! NEW ROOF AUGUST 2024 and RECENT DRAINFIELD. Professionally managed quadruplex with 7.8% actual capitalization rate, not proforma. This high income producing quadruplex is located in the popular SW area of town. This quadruplex features four 2/1 units. This desirable area of town near the Florida Horse Park, rapidly growing 484 commerce area, and proximity to I-75 create a high and sustainable rental rate. This translates into a very profitable passive income opportunity for any new owner. Each unit is outfitted with its separately metered electric and interior laundry. Overall the high rental rates, 2024 roof, newer drain field, and ease of management make this a very lucrative opportunity. Property is currently professionally managed. T-12 Cash flow statement attached. Please inquire today.
Property Details
Price:
$495,000
MLS #:
OM700603
Status:
Active
Beds:
8
Baths:
4
Address:
1836 SW 109TH PLACE
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
QUAIL RUN
Neighborhood:
34476 – Ocala
City:
OCALA
Listed Date:
May 2, 2025
State:
FL
Finished Sq Ft:
3,599
ZIP:
34476
Lot Size:
15,246 sqft / 0.35 acres (approx)
Year Built:
1982
Units:
4
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Schools
Elementary School:
Belleview-Santos Elem. School
Middle School:
Horizon Academy/Mar Oaks
High School:
West Port High School
Interior
Cooling
Central Air
Flooring
Tile
Heating
Electric
Laundry Features
Inside
Exterior
Construction Materials
Block, Concrete, Stucco
Exterior Features
Courtyard, Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$6,823
Map
Community
- Address1836 SW 109TH PLACE OCALA FL
- SubdivisionQUAIL RUN
- CityOCALA
- CountyMarion
- Zip Code34476
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1836 SW 109TH PLACE
OCALA, FL
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