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Sue LaGree

sue.lagree@engelvoelkers.com +1(727) 742-3369

$ 449,000

Est. payment -/mo

Save

Pending

2040 SE 40TH STREET RD Ocala, FL 34480

8 Beds

4 Baths

3,227 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,227 sqft

Price per Sqft $139

Subdivision Citrus Park

MLS Listing ID OM714077

Bedrooms 8

HOA Y/N No

Year Built 1984

Annual Tax Amount $6,764

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Under contract-accepting backup offers. QUADPLEX - Turnkey Investment Opportunity in the heart of Southeast Ocala. Renovated and leased quadplex featuring four 2-bedroom, 1-bathroom units. Each unit is separately metered, with tenants responsible for all utilities, providing a hassle-free investment with strong cash flow. The seller states the property is well-maintained. Whether expanding your portfolio or entering the multifamily market, this property could be for you. Conveniently located near shopping, hospitals, major employment, and more. Priced to sell quickly in a strong rental demand area.

Location

State FL

County Marion

Community Citrus Park

Area 34480 - Ocala

Zoning R3

Interior

Interior Features Living Room/Dining Room Combo, Other

Heating Central

Cooling Central Air

Fireplace false

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools Eighth Street Elem. School

Middle Schools Fort King Middle School

High Schools Forest High School

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Private Financing Available

Listing Terms Cash, Conventional, FHA, Private Financing Available

Special Listing Condition None

Listed by John Amerson 1ST CLASS REAL EST PREMIER GRP

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Madison Street Academy of Visual and Performing Arts

Public | KG - 5
7

Eighth Street Elementary School

Public | KG - 5
6

Shady Hill Elementary School

Public | KG - 5
6

Ward-Highlands Elementary School

Public | PK - 5
5

Maplewood Elementary School

Public | PK - 5
4

South Ocala Elementary School

Public | PK - 5
0

Grace Christian

Private | PK - 8
0

Graceway Academy

Private | PK - 5
0

The Cornerstone School

Private | PK - 8
0

Arc Birth-22

Public | PK - 12
0

St John Lutheran School

Private | PK - 12
0

Ocala Christian Academy

Private | PK - 12
0

The Reading Clinic

Private | 1 - 7
0

Blessed Trinity School

Private | KG - 8
0

Student Services/Ese

Public | PK - 12
0

Marion Virtual Instruction Program

Public | KG - 12
0

Marion Virtual Franchise

Public | KG - 12
0

Kingdom Christian Academy/Precious Children Preschool

Private | PK - 12
0

Kingdom Christian Academy Precious Childr

Private | PK - 12
0

Shiloh Seventy-Day Adventist Church School

Private | KG - 8

Middle Schools 4

7

Osceola Middle School

Public | 6 - 8
1

Hillcrest

Public | 6 - 12
0

Silver River Mentoring and Instruction

Public | 6 - 12
0

Community Technical & Adult Education Center

Public | 8 - 12

High Schools 3

5

Forest High School

Public | 9 - 12
0

Marion Technical Institute

Public | 9 - 12
0

Drop Back in Academy

Public | 9 - 12

School and business data provided by Attom Data.

Sue LaGree

Global Real Estate Advisor | License ID: SL3514458

+1(727) 742-3369

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