Under contract-accepting backup offers. Turnkey income-producing quadplex opportunity offering immediate cash flow and long-term investment stability. This well-maintained 3,870 SF multifamily property consists of four fully leased 2-bedroom / 1-bath units, each generating $1,400 per month in rental income, providing investors with a strong and consistent revenue stream from day one. In 2021, the property underwent extensive improvements including a new roof, fully remodeled interiors with updated flooring, cabinets, and modern finishes, along with substantial upgrades to the plumbing and electrical systems. With major capital improvements already completed and stable in-place tenancy, this property presents an exceptional low-maintenance investment opportunity with strong income potential and long-term upside. Ideal for investors seeking a truly turnkey multifamily asset with immediate returns.
| MLS # | OM725149 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active Under Contract |
| Year | 1981 |
| Days On Site | 105 |
| Listing Provided By | WIECHENS REALTY INC | Joshua Markham |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,913 |
| Zoning | R1 |
| Acreage | 0.33 |
| Property | 6626 |
|---|
| State | FL |
|---|---|
| County | Marion |
| City | OCALA |
| Zip Code | 34480 |
| Area | 34480 Ocala |
| Community Name | CITRUS PARK |
| Listing VS Median (in CITRUS PARK) | |
Price: $679,900 low | high Med: $339,000 sqft: 3,913 low | high Med: 1,712 $ / sqft: $174 low | high Med: $198 On site: 105 low | high Med: 75 | |
| State | FL |
|---|---|
| County | Marion |
| City | OCALA |
| Zip Code | 34480 |
| Area | 34480 Ocala |
| Community Name | CITRUS PARK |
| Listing VS Median (in CITRUS PARK) | |
Price: $679,900 low | high Med: $339,000 sqft: 3,913 low | high Med: 1,712 $ / sqft: $174 low | high Med: $198 On site: 105 low | high Med: 75 | |
![]() | $679,9004111 Se 22nd AveOcala, FL 34480 |