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32832968
32832912

4151 SE 22ND AVENUE, Ocala, FL 34480

SW
FL FL BK614535
Wiechens Realty, Inc.
Wiechens Realty, Inc.
Listed by Wiechens Realty, Inc.
$699,999
14 days on market
Updated 3 days ago

4151 SE 22ND AVENUE

Details
APN 3120-011-010
Property Type Multifamily
Sub Type Apartment Building, Quadruplex
Square Footage 3,913
Units 4
Beds 8
Cap Rate 8.16%
NOI $67,200
Occupancy 100%
Tenancy Multi
Price per SqFt $179
Class B
Year Built 1981
Buildings 1
Acreage 0.330
Zoning R1
Ownership Fee Simple

Turn Key Income Producing Property

Marketing description

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.

Investment highlights

  • 3,870 SF multifamily property consists of four fully leased 2-bedroom / 1-bath units
  • Generating $1,400 p/month in rental income
  • Major capital improvements already completed
  • Exceptional low-maintenance investment opportunity with strong income potential

Listing Contacts

SW
FL FL BK614535
Wiechens Realty, Inc.
Wiechens Realty, Inc.
Listed by Wiechens Realty, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,200.00
$5,600.00/mo

Valuation Metrics

0
DSCR
9.6%
Cap Rate
9.6%
ROI

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Additional Information

Name
Sandon Wiechens
License
FL BK614535
Brokerage
Wiechens Realty, Inc.
Brokerage Phone
352-622-3214
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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