BEDS6
BATHS
SQUARE FEET2,914
MLS#OM719975
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBENEDICT FARMS
Property 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 Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.52 Acres
Roof Type: Shingle
Taxes: $6,047
Year Built: 2024
Amenities
Ceiling Fans(s)
Open Floorplan
Walk-In Closet(s)
Sliding Doors
Feature Descriptions
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
Listed By / Shown By
Listed By
Agency Name: SELLSTATE NEXT GENERATION REAL
Agency Contact: 352-387-2383
Shown By
Agent Name: Billy Norwood
Agent Phone: Cell: (727) 458-4154
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,485.64 per month $867.97 Principal & Interest $503.92 Property Tax $113.75 Homeowner's InsuranceChange Payment Information
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4300 W Highway 316 | MLS# OM719975
This multi-family property located at 4300 W Highway 316, Reddick, FL 32686 is currently listed for sale with an asking price of $390,000. Search Reddick real estate on bnorwood.floridaexecutiverealty.com today.