NE 28th Ave, Ocala, FL 34470 – SafetyNet

NE 28th Ave, Ocala, FL 34470

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NE 28th Ave, Ocala, FL 34470

Fully Rented Four Units Turnkey

Purchase Price

$470,000

Estimated Rehab

Medium

Roof Age

20

A/C Age

Window

NE 28th Ave, Ocala, FL 34470

Property Details

Bedrooms

Baths

4
4

Gross sqft

Living sqft

2100
2160

Year Build

1979

NE 28th Ave, Ocala, FL 34470

$470,000

Bed4
Bath 4
Living sqft2160
Year Built1979
Lot Size5000
Construction TypeBlock

Buy & Hold

Expected Rent

$4200

Fix & Flip

Expected ARV

N/A

Cash Flow After piti

Cash Flow After piti

$1098

Property Description

This 4-unit multifamily at in Ocala, FL, is a standout opportunity for investors seeking reliable cash flow with upside. Built in 1979 on a 0.36-acre lot and totaling about 2,100 sf of living area, the quadplex features four self-contained 1-bed/1-bath residences served by public sewer and no HOA. Offered at $320,000, the property benefits from durable finishes and light improvements completed in May 2025, minimizing near-term capex and easing management. Situated minutes from downtown Ocala, parks, shopping, and dining, it attracts steady renter demand. With several units rented and flexibility for updates between turns, this asset supports a fast, efficient plan for value creation and long-term returns. Unit A: 1 Bed/1 Bath, 525 Living sqft, 540 Gross sqft, Current rent $1050, Proforma rent $1050, End of lease: 09/30/2026 Unit B: 1 Bed/1 Bath, 525 Living sqft, 540 Gross sqft, Current rent $1050, Proforma rent $1050, End of lease: 08/31/2026 Unit C: 1 Bed/1 Bath, 525 Living sqft, 540 Gross sqft, Current rent $1050, Proforma rent $1050, End of lease: 08/31/2026 Unit D: 1 Bed/1 Bath, 525 Living sqft, 540 Gross sqft, Current rent $1050, Proforma rent $1050, End of lease: 10/07/2026

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