829 NE 3RD STREET, Ocala, Florida, 34470
$399,000
1,676 Sqft
0.10 Acres
4 bd
3 ba
#O6430764
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.
PROPERTY FEATURES
- Utilities : Cable Available, Electricity Connected, Public, Sewer Connected
- Water Access : 0
- Sewer : Public Sewer
- Exterior Features : Other
- Road Surface Type : Paved
- Roof : Shingle
- Zoning : R3
- Heating : Electric
- Cooling : Wall/Window Unit(s)
- Construction Materials : Frame
- Interior Features : Built-in Features, Ceiling Fans(s)
- Laundry Features : Common Area
- Appliances : Cooktop, Dishwasher
- Window Features : Blinds, Window Treatments
- Flooring : Luxury Vinyl, Tile
PROPERTY DETAILS
ID: O6430764
Status: Active
Price: $399,000
Acres: 0.10 Acres
Price Per Acre: $3,990,000
Type: Single Family / Detached
Address: 829 NE 3RD STREET
City, State: Ocala, Florida
County: Marion
Zip Code: 34470
Lat/Long: 29.189856, -82.128795
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