120 NE SANCHEZ AVE Pending

Ocala,FL 34470

$ 440000

- Bed

0 Bath

1517 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 1,517 sqft

Price per Sqft $290

Subdivision Caldwells Add

MLS Listing ID OM693471

Year Built 1918

Annual Tax Amount $1,210

Lot Size 7,405 Sqft

Property Sub-Type Mixed Use

Property Description

Under contract-accepting backup offers. Nestled in the heart of Ocala's historic district, this charming turn-of-the-century home seamlessly blends historic character with modern convenience. This 2-bedroom, 2.5-bathroom gem boasts two master suites and has been newly renovated, with updated electric and plumbing, a new roof, and beautifully preserved original hardwood floors. The inviting covered front porch sets the stage for timeless charm. Step outside to discover a stunningly landscaped courtyard-style backyard featuring a covered side porch and patio, perfect for outdoor relaxation or entertaining. Adding even more value, a detached cottage offers a 1-bedroom, 1-bathroom studio apartment with its own kitchen, private entrance, parking, and yard—ideal for guests, extended family, or generating rental income. This property offers the unique ability to rent out the main home 2 different ways and the cottage separately or together, maximizing rental potential. Currently leased through March as a successful Airbnb, it has a proven track record of consistent rental income. Additionally, the front of the main house has a potential full-term lease at $2,500 per month, providing steady revenue for investors or homeowners looking to maximize the property's earning potential immediately. Situated on a desirable corner lot next to downtown Ocala, you'll enjoy convenient access to shops, grocery stores, pharmacies, and more. This amazing find is perfect for homeowners and investors alike. Don't miss this rare chance to own a property that combines historic charm with modern profitability, call today to schedule your own private tour!

Location

State FL

County Marion

Community Caldwells Add

Interior

Heating Natural Gas

Cooling Central Air

Flooring Other,Tile

Exterior

Community Features Sidewalks

Utilities Available Water Connected

Roof Type Shingle

Building

Lot Description Corner Lot,Historic District,City Limits,Landscaped,Sidewalk,Paved

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Wood Frame,Wood Siding

New Construction false

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM693471

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