4191 Southeast 22nd Avenue

Ocala, FL 34480

$519,000
Price
8
Beds
4,008 Sq. Ft.
$129 / Sq. Ft.
4,008
Sq. Ft.
$129
per Sq. Ft.

Description

Now available! This quadruplex is one of two offered for sale in the same neighborhood! 6.8% actual capitalization rate. Please see listing OM673198 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 on annual leases. This property features ample parking as well indoor laundry in each unit. The nearby amenities such as schools, groceries, shopping...Now available! This quadruplex is one of two offered for sale in the same neighborhood! 6.8% actual capitalization rate. Please see listing OM673198 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 on annual leases. This property features ample parking as well indoor laundry in each unit. 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, waster, sewer, and electric. Overall the high rental rates, excellent location, and ease of management make this a very lucrative opportunity. Please inquire today. Also available is a similar quadruplex in the same community MLS# OM673198
  1. Listed by Bradley Busch • BUSCH REALTY

Property Details for 4191 Southeast 22nd Avenue

Subdivision Name
CITRUS PARK
Township
15S
Carport Spaces
1
Waterfront
No

Location

Listing Courtesy of BUSCH REALTY
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LISTING UPDATED: 04/16/2024 03:23 PM

Property Details for 4191 Southeast 22nd Avenue

StatusActive
MLS #OM673200
Days on Market53
Taxes$5,559 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1980
Lot Size0.33 AC / 14,375 SF
CountyMarion County

Location

Listing Courtesy of BUSCH REALTY
Add your commute

Building Information for 4191 Southeast 22nd Avenue

Stories-Residences4Year Built1980Building Size-Lot Size0.33 AC / 14,375 SF

Payment Calculator

$3,296 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,832

Property Taxes

$463

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4191 Southeast 22nd Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4864.0
  • Building Area Units: Square Feet
  • Directions: Heading North on 441 turn right onto SE Lake Weir Avenue, then right onto SE 38th St. Then turn right on SE 22nd Ave and the property will be on the left.
  • Elementary School: South Ocala Elementary School
  • Middle Or Junior School: Osceola Middle School
  • High School: Forest High School
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 4191
  • Street Direction Prefix: SE
  • Street Name: 22ND
  • Street Suffix: AVENUE
  • State: FL
  • City: OCALA
Parking
  • Carport: Yes
  • Garage: No
  • Parking Features: Common, Covered, Curb Parking, Driveway, Off Street, Open
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: K
  • Tax Book Number: S-014CITRUS
  • Tax Legal Description: SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK K LOT 11
  • Tax Lot: 11
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 90x120
  • Parcel Number: 3120-011-011
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R1
  • Living Area: 4008
  • Lot Dimensions: 90x120
Property and Assessments
  • Year Built Numeric: 1980
  • Flood Zone Code: X
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 22E
  • Public Survey Section: 33
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected
  • Water Source: Public
  • Num Electric Meters: 4.0
  • Num Water Meters: 4.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Other, Private Mailbox
  • Foundation Details: Block
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central, Electric, Heat Pump
  • Interior Features: Ceiling Fans(s), Thermostat
  • Laundry Features: Inside
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $35,054.00
  • Unit Count: 1
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Number Of Units Occupied 1: 4
  • Unit Type Pro Forma 1: 1095
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 4
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer
  • Total Actual Rent: $4,380

Property History for 4191 Southeast 22nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4191 Southeast 22nd Avenue

Taxable ValueLand$50,000Additions$227,440Total$277,440
Tax Record2023$5,559 ($463 / month)
Home Facts
Baths4Total Finished SqFt4,008 SqFtAbove Grade Finished SqFt4,008 SqFtStories1Lot Size14,375 SqFtStyleQuadraplexYear Built1980Year Renovated2007ZoningR1CountyMARIONAPN3120-011-011

Schools near 4191 Southeast 22nd Avenue

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.

Similar Homes

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Similar Sold Homes

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4191 Southeast 22nd Avenue is a multi-family home for sale in Ocala, FL 34480. This property was listed for sale on February 14, 2024 by BUSCH REALTY, it's currently listed at $519,000. It has been on the market for a total of 53 days and was last sold on October 20, 2022. This listing's school district is Marion. Nearby schools include South Ocala Elementary School, Osceola Middle School and Forest High School. 4191 Southeast 22nd Avenue is a 8-bed, 0-bath, 4,008 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BUSCH REALTY

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.