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Investor Special | Handyman Special | Duplex Opportunity | Zoned R-4 | Owned Land | AS-IS
Attention buyers, fix-and-flippers, landlords, investors, and handy homeowners-this is the value-add opportunity you've been waiting for! Situated on a spacious 0. 26-acre owned lot in Marion County, this 3-bedroom mobile home has endless potential. The property is currently configured as an unfinished duplex with separate entrances, two kitchen areas, and two-bathroom areas, making it an excellent opportunity to finish as an income-producing duplex thanks to its R-4 zoning, or simply remove the dividing wall to create a spacious 3-bedroom, 2-bath single-family home.
New electrical system and a durable metal roof, giving you a head start on your renovation. Bring your vision, tools, and creativity to unlock this property's full potential. Whether you're looking for your next fix-and-flip, buy-and-hold rental, house hack, or an affordable property to renovate and make your own, this one check all the boxes.
Conveniently located near Silver Springs State Park, Downtown Ocala Square, shopping, schools, parks, museums, everyday conveniences, and with easy access to nearby airports, this location has strong appeal for future tenants or owner-occupants alike.
Highlights:
Investor Special
Handyman Special
Fixer-Upper
0. 25-Acre Owned Lot
Zoned R-4
Unfinished Duplex Layout
Separate Entrances
Two Kitchen Areas
Two-Bathroom Areas
New Electrical
Metal Roof
Excellent Rental or Flip Potential
Endless Possibilities
Sold AS-IS
Don't miss this opportunity to transform this diamond in the rough into your next profitable investment!
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Our Executive Mortgage Banker:
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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 | $30,400 | $30,400 | $30,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $90 | $90 | $90 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $182 | $192 | $250 |
| Total Monthly Payment | $347 | $357 | $415 |
* 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.