6 Beds
4 Baths
2,160 SqFt
6 Beds
4 Baths
2,160 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $199
Subdivision Quail Run
MLS Listing ID OM711508
Bedrooms 6
HOA Y/N No
Year Built 2004
Annual Tax Amount $4,246
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Duplex
Source Stellar MLS
Property Description
The property is currently generating immediate income with one unit rented at $1,300/month and the second at $1,500/month, offering strong in-place cash flow with additional upside potential for rent optimization.
Built for durability and low maintenance, each spacious unit features:
• 3 Bedrooms | 2 Bathrooms
• Open-concept living and dining areas
• Tile flooring throughout — no carpet replacement costs between tenants
• Granite countertops
• Side-by-side refrigerators
• Glass-top stoves
• Dishwashers
• Ceiling fans in every room
• Private entrances
• Separate utility systems
Major capital improvements have already been completed, making this a truly turnkey asset:
• New roof installed in 2023
• Both AC systems recently replaced
• Updated appliances throughout
Investors will appreciate the minimal deferred maintenance, low operating expenses, and tenant-friendly finishes designed for durability and easy turnover.
The property is zoned R-3. No HOA. Located in a consistently high-demand rental market ideal for investors, 1031 exchange buyers, or owner-occupants looking to offset their mortgage with rental income.
Showings available by appointment during the due diligence period only.
Location
State FL
County Marion
Community Quail Run
Area 34476 - Ocala
Zoning R3
Interior
Interior Features Ceiling Fans(s), Other
Heating Central
Cooling Central Air
Furnishings Unfurnished
Fireplace false
Laundry Inside
Exterior
Exterior Feature Lighting, Other
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description In County, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Private Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Schools
Elementary Schools Belleview-Santos Elem. School
Middle Schools Horizon Academy/Mar Oaks
High Schools West Port High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM711508
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