New Listing - 06/25/2024

$575,000 ($168.28 per sqft)

Est. Mortgage $3,060/mo *

Quick Pre-Approval

5390 SE 29th PLACE, Ocala, FL, 34480

5390 SE 29th PLACE, Ocala, FL, 34480

0 beds

1985

3,417 sqft

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.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Other

Units:

4

Subdivision:

GREENFIELDS UN #1

Heating:

Central

Cooling:

Central Air

Common Charge:

$45 Monthly

Lot Size:

100 x 110

Acreage:

0.25

Est. Taxes:

$5,400

HOA Fee

$45

Construction

Concrete

Utilities

Other

Days on Market:

1

Pet Policy:

Yes

Lease Term Type:

12 Months

MLS #:

T3536644


Community Info

School Info

Walk Score

Yelp



Listing courtesy of HOMECOIN.COM Phone: 888-400-2513