$575,000
Pending
32 Days Online
0 Beds0 Baths3,417 SQFT
Pending

5390 SE 29th Place Ocala, FL 34480

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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

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Monthly Payment (Est.)

$2,993
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