1023 Ne 2nd St #1, Ocala, Florida 34470

  • $650,000

Overview

Property ID: HZOM709865
  • Quadruplex, Residential Income
  • Property Type

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: 1023 NE 2ND STREET
  • City: Ocala
  • State/county: FL
  • Zip/Postal Code: 34470
  • Country: US

Details

Updated on October 16, 2025 at 12:29 am
  • Property ID HZOM709865
  • Price $650,000
  • Land Area 0.35 Acres
  • Year Built 1978
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Roof Shingle
  • Utilities BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • County Marion
  • Property Type Residential Income

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Jamie Stevens

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