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. 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.. There are currently 2 units rented 1 tenant is leaving at the end of March 2026.. The potential rental income for this area is $6,2500.00 monthly and $75,000.00 annually.. Don't miss out on this opportunity to add this Amazing property to your porfolio call now... (BUYER'S WILL ONLY BE ABLE TO VIEW VACANT UNITS THE OTHER UNIT WILL BE AVAILABLE TO VIEW ONCE BUYER AND SELLER EXECUTE A CONTRACT) Seller is willing to extend the due diligence period to allow the buyer to view and inspect the property..
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.27 Acres
Roof Type: Shingle
Taxes: $6,743
Year Built: 1981
Square Feet: 3,233
Amenities
Other
Fence
Feature Descriptions
Annual Net Income: 60600.00
Days on Site: 242
Directions: TAKE US 301 SOUTH OF DOWNTOWN OCALA TO SE WEIR AVE TURN LEFT THEN MAKE YOUR FIRST RIGHT ONTO SE 38TH STREET THEN TURN RIGHT ONTO SE 17TH COURT TO PROPERTY ON THE RIGHT..
Exterior: Block
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.27
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only
Special Sale Provisions: None
Units: 4
Utilities: Cable Connected, Electricity Connected, Public, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R3
Listed By / Shown By
Listed By
Agency Name: MR REALTY OF FLORIDA LLC
Agency Contact: 954-549-0418
Shown By
Agent Name: Jennifer Stanley
Agent Phone: (904) 715-0607
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 3,765.49 per month $3,028.87 Principal & Interest $561.92 Property Tax $174.71 Homeowner's InsuranceChange Payment Information
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3950 SE 17th Court | MLS# OM707646
This multi-family property located at 3950 SE 17th Court, Ocala, FL 34480 is currently listed for sale with an asking price of $599,000. Search Ocala real estate on jstanley.watsonrealtycorp.com today.