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Wade M. Berlin

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1622 16th Street
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PRICED AT ONLY: $279,999

Address: 1622 16th Street, OCALA, FL 34475

Description

This well maintained duplex offers an excellent opportunity for both first time homebuyers and savvy investors. Each side features a cozy 2 bedroom, 1 bath layout with 690 sq ft of living space, providing a total of 1,380 sq ft of rental income potential. Currently, both units are occupied producing a combined rental income of $1,500/month. Situated on a spacious quarter acre corner lot, this duplex is conveniently located just minutes away from downtown, offering easy access to shopping, dining, and entertainment. Additionally, its a short drive from the world renowned World Equestrian Center, making it a prime location for various lifestyle and business needs. Whether you're looking for a home to live in while renting out the other unit or seeking a reliable income producing property, this duplex is a fantastic choice. Don't miss out on this perfect blend of convenience, comfort, and investment potential!

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  • MLS#: OM696255 ( Residential Income )
  • Street Address: 1622 16th Street
  • Viewed: 35
  • Price: $279,999
  • Price sqft: $180
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 1556
  • Bedrooms: 4
  • Total Baths: 2
  • Days On Market: 160
  • Additional Information
  • Geolocation: 29.2023 / -82.1537
  • County: MARION
  • City: OCALA
  • Zipcode: 34475
  • Subdivision: Bunche Heights
  • Provided by: CENTRAL CITY REALTY
  • Contact: Nathaniel Suleiman
  • 352-456-1941
  • mfrmls
  • DMCA Notice

Description

This well maintained duplex offers an excellent opportunity for both first time homebuyers and savvy investors. Each side features a cozy 2 bedroom, 1 bath layout with 690 sq ft of living space, providing a total of 1,380 sq ft of rental income potential. Currently, both units are occupied producing a combined rental income of $1,500/month. Situated on a spacious quarter acre corner lot, this duplex is conveniently located just minutes away from downtown, offering easy access to shopping, dining, and entertainment. Additionally, its a short drive from the world renowned World Equestrian Center, making it a prime location for various lifestyle and business needs. Whether you're looking for a home to live in while renting out the other unit or seeking a reliable income producing property, this duplex is a fantastic choice. Don't miss out on this perfect blend of convenience, comfort, and investment potential!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Mailbox
  • Living Area: 1380.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Interior Features: Walk-In Closet(s)
  • Legal Description: SEC 12 TWP 15 RGE 21 PLAT BOOK C PAGE 098 BUNCHE HEIGHTS LOTS 59.60
  • Area Major: 34475 - Ocala
  • Parcel Number: 2195-059-000
  • Views: 35
  • Zoning Code: R2
Nearby Subdivisions
Bunche Heights   West End Ocala   Williams Terrace  
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