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!
Lot & Building Features
Assoc Fee$45
Assoc Fee PaidMonthly
ConstructionConcrete
CoolingOther
HeatingOther
Interior DecorOther
SewerOther
Tax Year2023
Taxes Paid$5,400
WaterSee Remarks
Lot Dimensions100x110 ft
Price History of 5390 29TH PLACE, OCALA, FL
Date
Name
Price
Difference
12/31/1969
Listing Price
$600,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
5390 29TH PLACE (MLS #TB8334767) is a residential income listing located in OCALA, FL.
This is a residential income listing with a lot of 10,890 sqft (or 0.25 acres). This property was listed on 01/04/2025 and has been priced for sale at $600,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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