617 NW 26th STREET Ocala, FL $ 126,900
617 NW 26th STREET
$ 126,900
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617 NW 26th STREET

Ocala, FL, 34475
$ 126,900
Bedrooms5 Baths2.0 Sq 1,862

Monthly Estimate*

$ 843

617 NW 26th STREET, Ocala, FL 34475 - Image 1
617 NW 26th STREET, Ocala, FL 34475 - Image 2
617 NW 26th STREET, Ocala, FL 34475 - Image 3

Single Family Home for sale in Ocala, FL

for $126,900 with 5 bedrooms and 2 full baths. This 1,862 square foot home was built in 1958 on a lot size of 0.36.

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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Single Family Active

Price

$ 126,900

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 2,117

Style

Single Family Residence

Lot Size

0.36

Year Built

1958

Town/City

Ocala

County/Region

Marion

MLS | Web ID

O6205695

Features
General
Interior Features Other
Sewer Public Sewer
Heating None
Cooling Other
Utilities Other
Roof Shingle
Appliances None
Exterior Features Other
Zoning R3
Construction Materials Wood Frame
Year Built 1958
View City
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Marion
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name MARI-MERE
Facing Direction North
Garage Y/N No
Total Rooms 4
Status Active
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 fo
City OCALA
Buyer Agent Compensation 2%
Senior Community Y/N No
MLS Area 34475 - Ocala
Lot Size Square Feet 15682
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 26th
Tax Annual Amount 2117.04
Public Remarks 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
Lease Considered Y/N Yes
Days on Market 1
Standard Status Active
Tax Lot 24
Legal Description SEC 06 TWP 15 RGE 22 PLAT BOOK C PAGE 029 MARIMERE BLK G LOTS 24.25.26.27.28
Minimum Lease No Minimum
Water Access Y/N No
Water View Y/N No
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Interior
Flooring Hardwood
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Full Baths 2
Half Baths 0
Street Suffix STREET
Laundry Features None
Total Bedrooms 5
Total Baths 2
Living Area Units Square Feet
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Exterior
Water Source Public
Lot Size Area 15682
Foundation Details Other
Building Area Total 1862
Lot Dimensions 125 x 125
Lot Size Acres 0.36
Road Surface Type Asphalt
Lot Size Units Square Feet
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* Excluded Features
List By
Worth Clark Realty

Broker

alissa@imovit.us

Email

Affordability Calculator

$1,020
Per Month
83%
17%
0%
Monthly Principal & Interest
$843
Monthly Property Taxes
$176
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2024$126,900 Listed Price

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617 NW 26th STREET, Ocala, FL, 34475 is a Single Family Home for sale at $126,900 with 1,862 sqft and a lot size of 0.36. 617 NW 26th STREET has 5 bedrooms, 2.0 baths, and was built in 1958. The property's zip code is 34475 which is in Ocala, FL