House in Ocala, Florida 13 bedrooms, 540.97 sq.m. № 997307

Property description

6 RENTAL UNITS 1 CONCRETE BLOCK HOME CONVERTED INTO A DUPLEX- 2 ELECTRIC METERS, 1 SIDE VACANT BECAUSE IT WAS DAMAGED BY A CAR ACCIDENT- NEEDS TO BE REPAIRED BEFORE IT CAN BE RENTED AND 4 DOUBLEWIDE MOBILE HOMES. THE PROPERTY HAS 3 WELLS AND ALL HOMES ARE ON SEPTIC SYSTEMS. THE SELLER IS NOT ABLE TO MAINTAIN THE PROPERTY DO TO HEALTH REASONS AND HAS DECIDED TO SELL THIS INVESTMENT PROPERTY. CURRENT RENTS ARE AS FOLLOWS: BLOCK HOME HAS A CARETAKER AND NO RENT IS BEING PAID AT THIS TIME. ONE DOUBLEWIDE IS VACANT AND NEEDS SOME REPAIRS PRIOR TO RENTING. THREE UNITS ARE CURRENTLY RENTED $875.00 / $825.00 AND $675.00. CURRENT TOTAL RENTS ARE $2,375.00 WITH SOME REPAIRS THE VACANT UNIT WILL RENT FOR A MINIMUM OF $875.00 AND THE DUPLEX SHOULD RENT FOR $900.00 PER SIDE SO THE POTENTIAL RENTS ARE $5,050.00 OR MORE. OWNER FINANCING TO A QUALIFIED BUYER WITH 1/2 DOWN, BALANCE $262,500 / 9% INTEREST / 30 YEARS WITH A 5 YEAR BALLOON. MONTHLY PAYMENTS ARE $2112.13 THIS IS 3 PARCELS 3758-049-000, 3758-032-001 & 3758-032-002 PROPERTY IS LOCATED IN CANDLER. DON'T LET THIS ONE SLIP BY. SEE ATTACHED MAPS