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$390,000

4300 W Highway 316 Reddick, FL 32686 Multi Unit - Multiple Active

  • 4300 W Highway 316, Reddick, FL 32686 Main Photo

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Description

2024 Duplex Investment Opportunity in Reddick. Don't miss this exceptional investment opportunity in the peaceful countryside of Reddick! Built in 2024, this beautifully constructed duplex offers modern design, strong rental income, and long-term growth potential.Each unit features: Over 1,400 square feet of living space, 3 spacious bedrooms, 2 full bathrooms, Large walk-in closets, Open-concept living and dining areas, Dedicated laundry room, thoughtfully designed floor plan with generous room sizes. Tenants enjoy the quiet serenity of Reddick while still being conveniently located near Ocala and Gainesville. The modern construction means lower maintenance costs and peace of mind for years to come. Income Producing Property. Each unit currently rented at $1,750 month. Total monthly income: $3,500. Strong rental demand in a growing area. Whether you're looking to expand your portfolio or secure a turnkey investment with immediate cash flow, this 2024 duplex is a fantastic opportunity. Modern construction. Stable tenants. Reliable income.This is the kind of property smart investors look for. Owner has three duplexes available, same year and size with a total income yearly income of $121,200.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.52 Acres
Roof Type: Shingle
Taxes: $6,047
Year Built: 2024

General Information

Bedrooms: 6
Sqft: 2,914
County: Marion
Subdivision: BENEDICT FARMS
Listed By:
Greg DeNardis SELLSTATE NEXT GENERATION REAL 352-387-2383

Amenities

Ceiling Fans(s)
Open Floorplan
Walk-In Closet(s)
Sliding Doors

Property Features

Annual Net Income: 42000.00
Directions: Go North on Gainesville Rd unit you get to the 4 way stop once you get in Reddick, that would be hwy 316. Once you get to the stop sign turn right and the duplex will be to your right 100 feet after you turn right on HWY 316
Exterior: Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Private Financing Available
Lot Dimensions: 0.52
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Units: 2
Utilities: Electricity Connected
Water: Well
Water Access Y/N: No
Zoning: R2
$390,000
6beds
2,914sqft
New to the Market Active
BEDS6 BATHS SQUARE FEET2,914 MLS#OM719975
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBENEDICT FARMS

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4300 W Highway 316, Reddick, FL 32686.

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Estimated Payment

$ 1,933.07 per month $1,315.40 Principal & Interest $503.92 Property Tax $113.75 Homeowner's Insurance

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