Overview
- Quadruplex, Residential Income
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
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Address: 5390 SE 29TH PLACE
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City: Ocala
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State/county: FL
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Zip/Postal Code: 34480
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Country: US
Details
Updated on August 23, 2024 at 8:01 pm-
Property ID HZT3536644
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Price $570,000
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Land Area 0.25 Acres
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Year Built 1985
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Property Type Quadruplex, Residential Income
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Property Status Canceled
Additional details
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Association Fee 45
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Roof Other
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Utilities Other
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Sewer Other
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Cooling Central Air
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Heating Central
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County Marion
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Property Type Residential Income
Features
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Down Payment
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Loan Amount
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Property Tax
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PMI
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Monthly HOA Fees