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5390 SE 29TH PLACE

Multi-family For Sale
$600,000

BTC: 5.94806448

ETH: 161.60092651

2 days
0 room(s)
3,417 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1985
Lot:
0.25 Acres
Heating:
Other
Price/sqft:
$176
Cooling:
Other
HOA:
$45
All facts and features
  • Heating

    • Other

    Cooling

    • Other

    Other interior features

    • Other

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 2969800412

    • Zoning: R3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Other

  • Other financial information

    • HOA: $45

    • HOA Frequency: Monthly

    • Annual tax amount: $5,400

  • Source details

    • MLS ID: TB8334767

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Other

    • Living Area: 3417

    • Water Source: See Remarks

    • Lot Size Dimensions: 100 x 110

    • Subdivision Name: GREENFIELDS UN #1

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HOMECOIN.COM