Estimated payment $4,240/month
Highlights
- No HOA
- Central Heating and Cooling System
- Fenced
- Forest High School Rated A-
About This Home
**Opportunity Awaits** Calling All Investor's** 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. It is a true turnkey Gem grossing a whopping 9% annual Cap rate with plenty of room to grow. All 4 units are rented with great tenant's and the property is currently bringing in $5,050.00 a month and $60,600.00 annually.. There are a few long term tenants, which is alway great to have and all tenants pay on time.. 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.. Don't miss out on this opportunity to add this Amazing property to your porfolio call now...
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,743
Year Built
- Built in 1981
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 100x120
- Fenced
Home Design
- 3,233 Sq Ft Home
- Quadruplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Bedrooms and Bathrooms
- 32 Bedrooms
- 20 Bathrooms
Laundry
- Washer Hookup
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- 3,553 Sq Ft Building
- Citrus Park Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 4 / A
- Assessor Parcel Number 3120-001-004
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,743 | $312,120 | -- | -- |
| 2023 | $5,624 | $196,783 | $0 | $0 |
| 2022 | $4,974 | $178,894 | $0 | $0 |
| 2021 | $4,730 | $171,360 | $30,000 | $141,360 |
| 2020 | $4,525 | $159,120 | $15,000 | $144,120 |
| 2019 | $4,250 | $134,640 | $8,000 | $126,640 |
| 2018 | $3,954 | $123,420 | $8,000 | $115,420 |
| 2017 | $3,781 | $112,200 | $8,000 | $104,200 |
| 2016 | $3,645 | $100,980 | $0 | $0 |
| 2015 | $2,582 | $91,800 | $0 | $0 |
| 2014 | $2,503 | $91,800 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $675,000 | +694.1% | $209 / Sq Ft |
| 07/09/2013 07/09/13 | Sold | $85,000 | -49.7% | $26 / Sq Ft |
| 02/22/2013 02/22/13 | Pending | -- | -- | -- |
| 11/07/2012 11/07/12 | For Sale | $169,000 | -- | $52 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | None Listed On Document | |
| Warranty Deed | $65,000 | Attorney | |
| Quit Claim Deed | $60,000 | None Available | |
| Warranty Deed | $250,000 | Affiliated Title Of Marion C | |
| Warranty Deed | $170,000 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,000 | New Conventional | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $183,750 | Fannie Mae Freddie Mac | |
| Previous Owner | $153,000 | Purchase Money Mortgage | |
| Previous Owner | $83,073 | VA |
Source: Stellar MLS
MLS Number: OM707646
APN: 3120-001-004
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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