


STELLAR as distributed by MLS GRID / Century 21 Be3 / Tina White - Contact: 888-883-8509 34 NW 21st Place Ocala, FL 34475
Description
TB8498558
$4,885(2025)
10,019 SQFT
Multifamily
1981
Marion County
Listed By
STELLAR
Last checked Apr 18 2026 at 12:33 AM EDT
- Open Floorplan
- North Roads Park
- Foundation: Slab
- Central
- Central Air
- Block
- Roof: Shingle
- Utilities: Water Connected, Water Source: Public, Electricity Connected, Sewer Connected
- Sewer: Septic Tank
- 2,695 sqft
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
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.