829 Ne 3rd Street, Ocala, FL 34470

$399,000
4
BD
3
BA
1,676
SqFt

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List Price
$399,000
Status
Coming Soon
MLS#
O6430712
Property Style
Triplex
Year Built
1938
Bedrooms
4
Bathrooms
3
Living Area
1,676
Lot Size
4,356
Acres
0.10
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Smith & Daughertys Add/City/O
MLS Area Major
Ocala

Property Description

Income-producing LEGAL TRIPLEX in a high-demand rental pocket of Ocala 829 NE 3rd Street is currently producing $3,770 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts, supporting strong rental appeal and tenant retention. A dedicated on-site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well-positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash-flowing asset today or a value-add play with upside, this triplex delivers a strong foundation for both income and growth.

Additional Information

Minimum Lease
No Minimum
Annual Gross Income
45240
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R3
Interior Layout
Built-in Features, Ceiling Fans(s)
Interior Features
Built-in Features, Ceiling Fans(s)
Utilities
Public
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Frame
Exterior Features
Fence
Roof
Shingle
Foundation
Concrete Perimeter
Pool
No Pool
Elementary School
Eighth Street Elem. School
Middle School
Osceola Middle School
High School
Vanguard High School

Listing courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC. 407-789-1002

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Calculator source: Real Geeks

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