506 NE 28TH AVE new Save Request In-Person Tour Request Virtual Tour
Ocala,FL 34470
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $226
Subdivision French Estate
MLS Listing ID O6362268
Bedrooms 16
Year Built 1979
Annual Tax Amount $4,345
Lot Size 0.360 Acres
Property Sub-Type Quadruplex
Property Description
Discover an exceptional investment opportunity with this fully leased quadruplex, offering four clean and inviting 1-bedroom, 1-bath units. Each residence has been refreshed with light updates, giving the interiors a bright, tidy feel that tenants love— and investors appreciate.
This property delivers immediate stability and long-term value with a strong annual net income of $50,400. Every unit is already rented, making this a true turnkey, income-producing asset from day one.
The building sits on a well-maintained lot with solid construction and practical updates that help reduce ongoing maintenance and support consistent occupancy. Whether you're growing your portfolio or searching for your next reliable cash-flow generator, this asset checks the important boxes: condition, stability, and performance.
Opportunities like this are rare — a refreshed quadruplex with proven income and zero vacancy. The work is done; the returns are already in motion.
Location
State FL
County Marion
Community French Estate
Area 34470 - Ocala
Zoning R3
Interior
Heating None
Cooling Wall/Window Unit(s)
Laundry None
Exterior
Exterior Feature Other
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Metal
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Acceptable Financing Cash,Conventional,FHA,Other,VA Loan
Listing Terms Cash,Conventional,FHA,Other,VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6362268