BEDS2
BATHS
SQUARE FEET1,283
MLS#O6407317
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBUNCHE HEIGHTS
Property Description
Excellent duplex opportunity in the growing city of Ocala! Built in 2022, this custom-designed property features two 1-bedroom, 1-bathroom units situated on a spacious 0.26-acre corner lot.Both units are currently leased, generating immediate and stable rental income. One unit rents for $1,200/month, while the second rents for $1,149/month, providing strong cash flow from day one. This property presents an excellent opportunity for investors seeking passive income in an area with strong growth potential.Interior features include impressive 9-foot-4-inch ceilings, tile flooring throughout the main living areas, cozy carpeting in the bedrooms, blinds on all windows, and rain gutters.Each unit comes equipped with a modern appliance package, including a refrigerator, range, microwave, washer, and dryer.Conveniently located near shopping, dining, and major roadways. An excellent opportunity to maximize rental income potential with a fully occupied investment property.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.26 Acres
Roof Type: Shingle
Taxes: $5,082
Year Built: 2022
Amenities
Ceiling Fans(s)
Lighting
Feature Descriptions
Annual Net Income: 23105.00
Days on Site: 33
Directions: From NW 10th St, head west and turn right onto NW 16th Ave. Continue to NW 14th St and make a left, then turn right onto NW 18th Ave. The property will be located on the left-hand side.
Exterior: Block, Concrete, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Lot Dimensions: 0.26
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: R2
Listed By / Shown By
Listed By
Agency Name: REALTY ONE GROUP ESTATES
Agency Contact: 954-947-2383
Shown By
Agent Name: Camilo Vargas
Agent Phone:
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,226.50 per month $709.96 Principal & Interest $423.50 Property Tax $93.04 Homeowner's InsuranceChange Payment Information
Camilo Vargas
Cell: (316) 519-4697
Email Me
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1404 NW 18th Avenue | MLS# O6407317
This multi-family property located at 1404 NW 18th Avenue, Ocala, FL 34475 is currently listed for sale with an asking price of $319,000. Search Ocala real estate on jcamilovargasramirez.realty100.com today.