506 28th Avenue, OCALA, FL 34470
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  • MLS#: O6362268 ( Residential Income )
  • Street Address: 506 28th Avenue
  • Viewed: 5
  • Price: $475,000
  • Price sqft: $220
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 2160
  • Bedrooms: 16
  • Total Baths: 16
  • Days On Market: 12
  • Additional Information
  • Geolocation: 29.1922 / -82.0995
  • County: MARION
  • City: OCALA
  • Zipcode: 34470
  • Subdivision: French Estate
  • Provided by: SAFETYNET REALTY
  • Contact: Lorena Hernandez
  • 317-603-8743
  • mfrmls
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  • Description
    Discover an exceptional investment opportunity with this fully leased quadruplex, offering four clean and inviting 1 bedroom, 1 bath units. Each residence has been refreshed with light updates, giving the interiors a bright, tidy feel that tenants love and investors appreciate. 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.
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