$2,995,000 for Sale

sw avenue, ocala, FL 34471

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Beds 48 Baths 24 17,416 Sqft 3.89 Acres 1 of 8
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Property Description
24-unit multi-family portfolio (12 duplexes) all on one 3.89 acre parcel, located within minutes to downtown Ocala. These units all consist of 2-bedroom 1-bath units, and are currently 100% occupied, providing immediate cash flow to new Owners. All 12 buildings have newer metal roofs, installed in 2019, and have seen various upgrades, and renovations over the last few years. There is immediate opportunity for rental increases with current rents well below market.
General Information
Sale Price: $2,995,000
Price/SqFt: $172
Est. Payments: $19,665
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Status: Active
MLS#: OM682309
City: ocala
Post Office: ocala
County: Marion
Subdivision: i and p apartments
Acres: 3.89
Lot Dimensions: 140 x 570
Bedrooms:48
Bathrooms:24
House Size: 17,416 sq.ft.
Acreage: 3.89 est.
Year Built: 1971
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road:  Paved
Garage:  No
Construction:  Block
Exterior Misc:  Other
Basement:  No
Foundation :  Slab
Cooling:  Wall/Window Unit(s)
Heating:  Wall Furnace
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $26,454
Legal Description:  SEC 13 TWP 15 RGE 21 S 1/4 OF SE 1/4 OF SE 1/4 EXC E 666.83 FT & EXC RD ROW & EXC N 50 FT OF S 190 FT OF S 1/2 OF SE 1/4 OF SE 1/4 LESS E 666.83 & LESS W 30 FT THAT PORTION OF W 1/2 OF ABROGATED SW 17TH AVE (PLATTED 25TH ST) PER RES 2000-109 DESC AS FOLLOWS: W 30 FT OF E 666.83 FT OF S 1/4 OF SE 1/4 OF SE 1/4 OF SEC 13.


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Christopher Swor LLC of COLDWELL BANKER ELLISON REALTY O, Phone: 352-732-8350
(941) 916-1649 Call Janine Howell for more information about this property.

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This Home located at
sw avenue, ocala FL 34471
is currently for sale priced at $2,995,000 and was listed on July, 16, 2024 and has been on the market for 107 days and was last updated on July, 18, 2024.

sw avenue has 48 bedrooms, 24 bathrooms, and approximately 17,416 square feet. and has a lot size of 140 x 570 with 3.89 acres and was built in 1971. sw avenue is in the 34471 ZIP Code area of ocala.

If you have any questions about this property or any others, please don't hesitate to contact me.