506 NE 28TH AVE Ocala, FL 34470
16 Beds
16 Baths
2,100 SqFt
UPDATED:
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
HOA Y/N No
Year Built 1979
Annual Tax Amount $4,345
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 125x125
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
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
Interior Features Ceiling Fans(s)
Heating None
Cooling Wall/Window Unit(s)
Fireplace false
Laundry None
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
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
