Residential Income in OCALA

$575,900

2950 53RD, 34480, OCALA, FL

Residential Income for sale in OCALA, 2950 53RD, 34480, 3417 m²

2950 53RD, 34480, OCALA, FL

$575,900

8Bed
8Bath
3417
Type: Residential Income

Description

Seller offering up to $5, 000 toward buyer's closing costs and/or prepaids with an acceptable offer. Investor opportunity in desirable Southeast Ocala! This quadplex consists of four 2-bedroom, 2-bathroom units generating approximately $5, 443/month ($65, 316 annually) at full occupancy. Currently, three units are leased with one recently vacated—offering immediate upside to place a new tenant at market rent or for potential owner-occupancy. Current rent roll: Apt 34 (1/1): $1, 150/month – Month-to-month (Section 8, planning to relocate) Apt 36 (1/1): – VACANT Apt 38 (2/1): $1, 250/month – Lease ends 10/31/2026 Apt 40 (2/1): $1, 300/month – Lease ends 10/31/2026 Two units have been renovated with vinyl flooring, updated kitchens, and bathrooms, while two remain unrenovated with tile flooring, providing clear value-add potential to increase rents and returns. Each unit features a front porch, functional layouts, and strong tenant appeal. Major improvements include a new roof (2025) and a new $25, 000 driveway (Dec 2025). Landscaping is maintained weekly. HOA is $142.72/month and includes trash service. Tenants pay water and electric, helping keep operating expenses low. Conveniently located near shopping, dining, and major roadways, supporting consistent rental demand in Ocala’s growing market. Whether you're looking for a cash-flowing asset with upside or a value-add opportunity, this property delivers. Schedule your showing today!

Location

2950 53RD, 34480, OCALA, FL

Data

Object TypeResidential Income
Purchase Price$575,900
Living Space3417 m²
Plot Size1011.71 m²
Bathrooms8
Construction Year1984
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1984
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

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Real Estate Agent