829 Ne 3rd Street, Ocala, FL 34470
- $399,000
- 4
- BD
- 3
- BA
- 1,676
- SqFt
- List Price
- $399,000
- Status
- ACTIVE
- MLS#
- O6430712
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,676
- Subdivision
- Smith & Daughertys Add/City/O
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
- Year Built
- 1938
- Construction
- Frame
- Living Area
- 1,676
- Acres
- 0.10
- Interior Features
- Built-in Features, Ceiling Fans(s)
- Cooling
- Wall/Window Unit(s)
- Heating
- Electric
- Exterior Features
- Fence
- Sewer
- Public Sewer
Listing courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC.
Mortgage Calculator
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on