Listing Courtesy of: Alex P Williams, Sr - DALTON WADE INC

34 21ST Place Unit 1-4 Ocala, FL 34475

Fourplex Residence
Beds
Baths
Sq. Ft.

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Quadraplex 100% leased, two- two bedroom-one bath units and two- one bedroom-one bath units. Tenants pay for water and electricity. Owner pays for trash at $56.00 per month. Income and expenses are as follows: Income is $2,450 per month or $31,850 per year. Expenses are tax $1,528 plus insurance at ...$1721 plus $696 for garbage for a total of $3,945 per year or $328.75 per month. Income minus expenses equals $27,905. The property is very consistent with long term tenants. Lease beginning and end dates are as follows: UNIT 34 08/01/21-07/31/22. UNIT 36 - 03/01/21-02/28/22. UNIT 38 -12/01/20-11/30/21. UNIT 40-10/16/20-10/31/21. This was of July 2021, some may have re-signed already. Showing with approved contract and proof of funds or pre-approval. This property is managed by a professional management company that may be retained if needed. This property has a CAP rate of 8%. Continue reading
MLS#
U8136830
Property Type
Fourplex
Year Built
1981
Sewer
Public Sewer

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Listing Courtesy of: Alex P Williams, Sr - DALTON WADE INC
Thomas O'Leary, License #BK3401614, Xome Inc., License #1043756, ThomasH.OLeary@xome.com, 844-400-9663, 750 State Hwy 121 Bypass, Suite 100, Lewisville, TX 75067

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This content last refreshed on 9/16/2021 7:13:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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