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 A - $1,400/mo (lease through 03/31/2027)Apt B - $1,350/mo (renewed, Section 8)Apt C - $1,393/mo (Section 8)Apt D - $1,300/mo (recently vacated).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!
Listed By
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimated Payment
$ 3,683.78 per month $2,927.74 Principal & Interest $587.17 Property Tax $168.88 Homeowner's InsuranceSend an email with a link to
2950 SE 53rd Court, Ocala, FL 34480.
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2950 SE 53rd Court, Ocala, FL 34480.
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2950 SE 53rd Court | MLS# TB8498918
This multi-family property located at 2950 SE 53rd Court, Ocala, FL 34480 is currently listed for sale with an asking price of $579,000. Search Ocala real estate on www.watsonrealtycorp.com today.