Overview
- Quadruplex, Residential Income
- 3865 Sqft
Description
Welcome to an exceptional investment opportunity in a prime location of Ocala! This fully renovated quadplex features four identical 2-bedroom, 2-bathroom units, each thoughtfully designed with quality finishes and modern upgrades. Each unit boasts a spacious layout, contemporary kitchens with stainless steel appliances, stylish bathrooms, and in-unit laundry. All four units are currently occupied with tenants on one-year leases, ensuring immediate income for the next owner. Investors will be impressed by the financial performance of this property, offering a remarkable monthly rental income of $5, 700 and an annual income of $68, 400. Operating expenses are minimal, with landscaping at $60 per month, trash removal at $50 per month, and a low HOA fee of $45 per month. This turnkey property provides excellent cash flow and significant long-term appreciation potential. To respect tenant privacy, tours will be conducted only during the inspection period with a signed contract. Preapproval or proof of funds is required. Don’t miss the opportunity to own this profitable and low-maintenance investment in a highly desirable area!
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 June 9, 2025 at 10:12 pm-
Property ID HZTB8334767
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Price $600,000
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Property Size 3865 Sqft
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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 Closed
Additional details
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Listing Terms Cash, Conventional, FHA, VA Loan
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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 Other
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Heating Other
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County Marion
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Property Type Residential Income
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees