This well maintained duplex offers an excellent opportunity for both first-time homebuyers and savvy investors. Each side features a cozy 1-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, it’s 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!
Property Details
Price:
$299,999
MLS #:
OM696255
Status:
Active
Beds:
4
Baths:
2
Address:
1622 NW 16TH STREET
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BUNCHE HEIGHTS
Neighborhood:
34475 – Ocala
City:
OCALA
Listed Date:
Feb 28, 2025
State:
FL
Finished Sq Ft:
1,556
Total Sq Ft:
1,556
ZIP:
34475
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1985
Units:
2
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Laundry Features
Other
Exterior
Construction Materials
Block, Concrete
Exterior Features
Private Mailbox
Roof
Shingle
Financial
Tax Year
2024
Taxes
$2,558
Map
Community
- Address1622 NW 16TH STREET OCALA FL
- SubdivisionBUNCHE HEIGHTS
- CityOCALA
- CountyMarion
- Zip Code34475
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1622 NW 16TH STREET
OCALA, FL
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