Commercial property in Ocala, Florida 250.37 sq.m. № 2237329

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Commercial property in Ocala, Florida 250.37 sq.m. № 2237329
ID2237329 $ 475 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2237329

Property description

Income-producing four-unit multifamily property with value-add potential in Ocala. The property features two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. • Unit #34: Approximately 70% remodeled and leased for $980 per month; lease began September 1, 2026 • Unit #36: Vacant and fully remodeled • Unit #38: Approximately 70% remodeled and leased for $1,250 per month; lease began March 1, 2025 • Unit #40: Currently being remodeled Major improvements include a NEW ROOF completed in 2025, continued property maintenance and weekly landscaping service. Tenants pay electricity, sewer and trash, while the owner pays water, averaging approximately $120 per month. No HOA. An excellent opportunity for current rental income with additional upside through completed renovations, leasing the vacant units and future rent adjustments. Some photos have been virtually staged for illustrative purposes.
MLS #: TB8498558
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CityOcala
Address34 NW 21ST PLACE
TypeCommercial property
Living space250.37 m²
  • m²
  • sq. ft
Completion dateIV quarter, 1981
Price
  • Price
  • per m²
$ 475 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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