1023 Ne 2nd St #1, Ocala, Florida 34470
- $650,000
Overview
- Quadruplex, Residential Income
Description
Welcome to an exceptional investment opportunity only a mile from Downtown Ocala! This renovated quadplex features four identical 2-bedroom, 1.5-bathroom units, each thoughtfully designed with quality finishes and modern upgrades. Each unit boasts a spacious layout, low maintenance kitchens with stainless steel appliances, stylish bathrooms, and in-unit laundry. Investors will be impressed by the financial performance of this property, offering a remarkable monthly rental income of $1, 500/unit and an annual income of $72, 000. One unit is currently used as an Airbnb and in 2024 produced $33, 000, raising the potential income of the total property to $130, 000+. Three units are currently vacant due to FULL REMODELS. Operating expenses are minimal, with landscaping at $100/mo and no other regular expenses. This property provides excellent cash flow and significant long-term appreciation potential. 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: 1023 NE 2ND STREET
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City: Ocala
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State/county: FL
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Zip/Postal Code: 34470
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Country: US
Details
Updated on October 16, 2025 at 12:29 am-
Property ID HZOM709865
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Price $650,000
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Land Area 0.35 Acres
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Year Built 1978
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Roof Shingle
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Utilities BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
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Sewer Public Sewer
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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
Mortgage Calculator
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