Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units… Read More provide an excellent opportunity for future upgrades and increased rental income.
Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns.
Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA.
Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements. Read Less
Courtesy of EXP REALTY LLC 888-883-8509
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Square Ft.
2,695
Lot Size
0.23 Acres
Year Built
1981
MLS Number
TB8498558
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Other equipment: Private Entrance
Building
Built in 1981, Living area: 2695, Living area units: Square Feet, Construction Materials: Block
Cooling
Central Air
Exterior Features
Private Entrance
Foundation
Slab
Heating
Central
Interior Features
Open Floorplan
Laundry
Inside
Lot
0.23 acres, Dimensions: 100x100
Roof
Shingle
Sewer
Septic Tank
Taxes
Additional parcels description:, Parcel Number: 2511-012-000, Public Survey Range: 22E, Public Survey Section: 05, Annual Amount: $4,884.98, Tax Block: Park, Tax Book Number: T-070NORTH, Legal Description: SEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 12, Lot: 12, Year: 2025, Zoning: R3
Utilities
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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