3950 SE 17TH COURT at

3950 SE 17TH COURT

For sale Days on market 153

$635,000

$196/sq ft

$40,000
Price Decreased

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Overview

Bedroom

Year Built

1981

Sqft

3233

Property Type

Quadruplex

Property Description

**PRICE REDUCED**Opportunity Awaits** Calling All Investor's** and Possible Owner Occupants This True 4-plex is an amazing investment property.. Centrally located in the heart of Ocala this property sits in the Citrus Park subdivision; a quiet community just south of Downtown Ocala. It is a true turnkey Gem grossing a whopping 9% annual Cap rate with plenty of room to grow. All 4 units are currently rented with great tenant's and the property is currently bringing in $5,050.00 a month and $60,600.00 annually.. One tenant is moving out in March 2026 the unit is a 2bedroom/ 1 bath if anyone is looking to move-in . There are a few long term tenants, which is alway great to have and all tenants pay on time.. The Owner has spared no expenses towards upgrading the property, Upgrades include a new Roof in 2023, 4 bathrooms were totally upgraded including new shower fixture controller's, sinks faucets and mirrors.. 2 new kitchen's with shaker cabinet's, counters and sink's plus new plumbing and P-traps in the 2 upgraded kitchen's. Also the owner put in new privacy fences and fresh paint.. All four unit's have there own privacy fence and dividers giving your tenant's a homie feel. Also each unit has it's own washer/dryer hook-up's; each tenant provide's there own W/D. All units have been well maintained by the landlord there are currently no repairs needed.. Don't miss out on this opportunity to add this Amazing property to your porfolio call now...

Property Details

MLS#

OM707646

Address

3950 17TH SE

City

Ocala

State/county

Zip/Postal Code

34480

Area

Citrus Park

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,743

Maint Fee

$--

Tax Year

2024

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