617 NW 26th St

Ocala, FL 34475 View Map $126,900 Schedule a Tour
Beds5
Baths2
Sq.Ft.1,862
Year1958

Pepine Realty

(352) 226-8474

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Status: Active
Property Type:Single Family Home
MLS #:O6205695
Sq. Feet:1,862
On Site:34 Days
Lot Size:15,682 Sq. Ft.
County:Marion
Discover the potential of this unique property, ideally suited for the experienced handyman or savvy investor. Located within the city limits and zoned R3, this versatile property features two homes on one lot, offering endless possibilities for income generation and renovation.
Home 1: Immediate Income Potential
The first home is currently rented, providing a steady stream of income from day one. This residence has charming features and solid bones, needing only minor updates and TLC to maximize its rental potential.
Home 2: Full Rehab Project
The second home on the property is a blank canvas awaiting your vision. This house requires a full rehabilitation, making it an ideal project for those with a keen eye for renovation. Transform this space into a stunning residence or another lucrative rental unit.
Property Highlights:
Zoning: R3, offering flexibility for various uses.
Location: Conveniently located within city limits, ensuring easy access to amenities, public transportation, and vibrant city life.
Income Potential: One home is already generating rental income, while the other presents an excellent opportunity for value-add investment.
Investment Appeal: Perfect for experienced handymen, investors, or developers looking to capitalize on a property with significant upside.
Opportunities:
Renovation: Fully rehab the second home to create additional rental income or increase property value.
Development: Explore potential for further development or enhancement due to the favorable R3 zoning.
This property is a rare find with immense potential. Whether you're looking to expand your rental portfolio or undertake a rewarding renovation project, this unique property offers a promising investment opportunity. Bring your creativity and expertise to unlock its full potential!

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:617 NW 26th St, Ocala, FL 34475
County:Marion
City:Ocala
Subdivision:Mari-Mere
Zip Code:34475

Architecture

Bedrooms: 5
Bathrooms: 2
Year Built:1958
Stories:1
Construction Materials: Wood Frame
Flooring Types: Wood
Roof: Shingle

Features / Amenities

Flooring: Wood

Rooms

LevelSize
Primary BathroomFirst6 X 6
Living RoomFirst9 X 9
Primary BedroomFirst10 X 10
KitchenFirst9 X 9

Property Features

Lot Size: 0.36 Acres / 15,682 Sq. Ft.
Lot Dimensions:125x125
View: City
Waterfront Feet: 0
Lot #: 24
Flood Zone: AE & X
Sewer: Public Sewer
Water: Public
Road Surface: Asphalt
Zoning:R3
Directions:Turn left onto NE Jacksonville Rd (CR-200A). Go for 2.4 mi.
Then 2.4 miles
Continue on NW 20th St (CR-200A S). Go for 0.4 mi.
Then 0.4 miles
Turn right onto NW Pine Ave (US-301 N/US-441 N). Go for 0.6 mi.
Then 0.6 miles
Turn right onto NW 28th St. Go for 0.1 mi.
Then 0.1 miles
Turn right onto NW 7th Ave. Go for 436 ft.
Then 0.08 miles 617 NW 26th St

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $2,117.04
Ownership: Fee Simple
Homestead: No
Total Annual Fees: $0
Minimum Lease: No Minimum

Schools

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617 NW 26th St Ocala,  FL 34475
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617 NW 26th St Ocala, FL 34475
 
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Listing provided courtesy of Worth Clark Realty (800-991-6092).
© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at June 19, 2024 10:15 PM EST.