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Under contract-accepting backup offers. Investment Opportunity: Quadplex in SE Ocala. Discover this updated quadplex in the heart of SE Ocala, perfect for investor OR a homeowner. Live in one and rent the other 3. Featuring (4) spacious 2-bedroom, 2-bath units, this property boasts modern upgrade quartz countertops, updated light fixtures, stainless steel appliances. Each unit has washer and dryer hookups and tenants supplies their own washer and dryers. Notable features: central AC and heat, 4 electric meters (City of Ocala), 4 water meters (Marion utilities) Tenants pay $41/month utility reimbursement for trash and septic maintenance There is a shared septic. 2 units are tenant-occupied rent roll available upon request. Unit B is leased for December 10th move in. One unit is currently vacant for easy investor tours or to make it home. Each unit includes a private courtyard patio and backs up to a serene wooded area for enhanced privacy. Other buildings available for sale call for more information Buyer and buyer's agent to verify all information. Some finished may vary in each unit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$545,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $436,000 | $436,000 | $436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.577% | 5.986% |
| Monthly Tax Payment | $503 | $503 | $503 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,614 | $2,720 | $3,621 |
| Total Monthly Payment | $3,209 | $3,315 | $4,216 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.