34 NW 21st Pl., Ocala, FL 34475

34 NW 21st Pl., Ocala, FL 34475
Photo 1 of 33
$475,000
Beds Baths Sq. Ft. Taxes Built
2,695 $4,884.98 1981
On the market: 1 day

Est. Monthly Payment:

$3,251($2,844 + $407 taxes*)

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Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income. Major updates include a NEW ROOF (2025) and ongoing maintenance, with landscaping serviced weekly. All units are currently rented, providing immediate income. Tenant-paid utilities include electricity, sewer, and trash, with owner only responsible for water (approximately $120/month), helping maximize net returns. Lease structure offers both stability and upside, with two long-term leases in place and additional opportunity to adjust rents as units turn. Section 8 tenants in place provide consistent and reliable income. NO HOA. Ideal for investors seeking a stabilized asset with immediate cash flow and the ability to further increase returns through strategic improvements.
Listing courtesy of Tina White, EXP REALTY LLC