Excellent duplex opportunity in growing Ocala! Built in 2022, this custom-built property features two 1-bedroom, 1-bathroom units situated on a spacious .26-acre corner lot. One unit is currently rented for $1,200/month while the second unit is vacant, creating the perfect opportunity for an owner-occupant or investor. Interior features include impressive 9’4” ceilings, tile flooring throughout main living areas, cozy carpet in bedrooms, blinds on all windows, and rain gutters. Each unit includes a modern appliance package with refrigerator, range, microwave, washer, and dryer. Conveniently located near shopping, dining, and major roadways. Great opportunity to live in one unit and rent the other, or maximize rental income potential.
1404 NW 18TH AVENUE, Ocala, FL, 34475
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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