5390 SE 29th Place Ocala, FL 34480
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.
- Property TypeMulti-Family
- NeighborhoodGreenfields Un #1
- CountyMarion
- Taxes$5,400
- HOA/Condo/Coop Fees$45
- Days on Site31 Days
- MLS StatusPending
- MLS ID NumberT3536644
- Home Size Source Public Records
- Year Built1985
- Lot Size0.25 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Concrete
- Sewer Other
- Acreage 0.25
- Water Public
- Property Sub Type Quadruplex
- Utilities Other
- Foundation Slab
- Zoning R3
- Ownership Fee Simple
- Parcel Number 29698-004-12
Interior Features
- Cooling Central Air
- Heating Central
- Interior Other
- Laundry Features Other
- Fireplace No
Exterior Features
- Roof Other
- Waterfront Property No
- Exterior Other
Community Features
- Association Dues 45
- Pets Yes
- Township 15S
- Senior Community No
- MLS Area 34480 - Ocala