1870 Southeast 40th Street Road
1870 Southeast 40th Street Road
$519,000
—
3,233
3,233
$161
Pending
Description
Available Now! Possible owner occupant FHA financing. 7% actual capitalization rate. This quadruplex is one of two offered for sale in the same neighborhood! Please see listing OM673200 for details on the other. This high income producing quadruplex is located the popular SE area of town. This quadruplex features four wonderfully renovated 2/1 units. All of the units are presently occupied but one will be vacant Mid March / April to allow for owner occupant FHA financing opportunity. The nearby amenities...Available Now! Possible owner occupant FHA financing. 7% actual capitalization rate. This quadruplex is one of two offered for sale in the same neighborhood! Please see listing OM673200 for details on the other. This high income producing quadruplex is located the popular SE area of town. This quadruplex features four wonderfully renovated 2/1 units. All of the units are presently occupied but one will be vacant Mid March / April to allow for owner occupant FHA financing opportunity. The nearby amenities such as schools, groceries, shopping centers, and restaurants create a high rental rate. This translates into a very profitable opportunity for any new owner. Each unit is outfitted with its separately metered gas, washer, sewer, and electric. Overall the high rental rates, excellent location, and ease of management make this a very lucrative opportunity. Please inquire today. Also for sale is nearby neighboring quadruplex OM673200.
- Listed by Bradley Busch • BUSCH REALTY
Property Details for 1870 Southeast 40th Street Road
Subdivision Name
CITRUS PARK
Township15S
WaterfrontNo
Location
LISTING UPDATED: 04/22/2024 11:45 AM
Property Details for 1870 Southeast 40th Street Road
Status | Pending |
---|---|
MLS # | OM673198 |
Days on Market | 49 |
Taxes | $5,559 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi-Family |
Year Built | 1982 |
Lot Size | 0.28 AC / 12,197 SF |
County | Marion County |
Location
Building Information for 1870 Southeast 40th Street Road
Stories1Residences4Year Built1982Building Size-Lot Size0.28 AC / 12,197 SF
Payment Calculator
$3,296 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1870 Southeast 40th Street Road
Property History for 1870 Southeast 40th Street Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1870 Southeast 40th Street Road
Taxable ValueLand$36,000Additions$241,440Total$277,440
Tax Record2023$5,559 ($463 / month)
Home Facts
Baths4Total Finished SqFt3,233 SqFtAbove Grade Finished SqFt3,233 SqFtStories1Lot Size12,197 SqFtStyleQuadraplexYear Built1982Year Renovated2007ZoningR3CountyMARIONAPN3120-001-012
Schools near 1870 Southeast 40th Street Road
This home is within Marion.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
South Ocala Elementary School PublicPK to 5 | ||
Osceola Middle School Public6 to 8 | ||
Forest High School Public9 to 12 | ||
Francis Marion Charter School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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