$450,000 ($268.50 per sqft)

Est. Mortgage $2,217/mo *

Quick Pre-Approval

829 NE 3RD STREET, Ocala, FL, 34470

829 NE 3RD STREET, Ocala, FL, 34470

8 rooms

4 beds

3 Full baths

1938

1,676 sqft

Income-producing opportunity in a high-demand rental pocket of Ocala — this well-maintained single-family residence at 829 NE 3rd Street is currently producing $3,675 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 with well-lit bedrooms, while the kitchens are upgraded with granite countertops, modern cabinetry, and stainless steel appliances, 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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Laundry Room

Subdivision:

SMITH & DAUGHERTYS ADD/CITY/O

Heating:

Wall Units / Window Unit

Cooling:

Wall/Window Unit(s)

Levels:

1

Lot Size:

53 x 85

Acreage:

0.1

Est. Taxes:

$2,072

Construction

Wood Frame

Utilities

Public

Elementary School:

Eighth Street Elem. School

Middle School:

Osceola Middle School

High School:

Vanguard High School

Days on Market:

1

Pet Policy:

Cats OK, Dogs OK

Appliances:

Cooktop, Dryer, Microwave, Refrigerator, Washer

Min Lease Term:

No Minimum

MLS #:

O6399881


Community Info

School Info

Walk Score

Yelp



Listing courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC 407-789-1002