5390 Se 29th Pl, Ocala, Florida 34480

  • $570,000
  • $575,000

Overview

Property ID: HZT3536644
  • Quadruplex, Residential Income
  • Property Type

Description

Contract fell through as buyer could not get approved for financing, we welcome all serious buyers who are preapproved. Welcome to this exceptional investment opportunity in a prime location! This fully renovated and updated property features four identical 2-bedroom, 2-bathroom units, each designed with meticulous attention to detail. One unit has been intentionally left vacant to facilitate easy showings, allowing potential buyers to experience the high-quality finishes and modern amenities firsthand. Remaining units will be shown one under contract. Each unit boasts a spacious layout, contemporary kitchen with stainless steel appliances, stylish bathrooms, and in-unit laundry. The tenants, all on one-year leases, enjoy the comfort and convenience these beautifully upgraded homes provide. Investors will be thrilled with the financial prospects of this property. With an impressive monthly rental income of $5, 700 and average rents of $1, 450 per unit, this property promises steady cash flow and a high return on investment. Operating expenses are kept low, further enhancing the property’s profitability. Don’t miss out on this turnkey investment in a sought-after area, offering both immediate income and long-term appreciation potential.

  • Address: 5390 SE 29TH PLACE
  • City: Ocala
  • State/county: FL
  • Zip/Postal Code: 34480
  • Country: US

Details

Updated on August 23, 2024 at 8:01 pm
  • Property ID HZT3536644
  • Price $570,000
  • Land Area 0.25 Acres
  • Year Built 1985
  • Property Type Quadruplex, Residential Income
  • Property Status Canceled

Additional details

  • Association Fee 45
  • Roof Other
  • Utilities Other
  • Sewer Other
  • Cooling Central Air
  • Heating Central
  • County Marion
  • Property Type Residential Income

Features

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Jamie Stevens

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