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About This Home
This 0-bedroom, 0-bathroom multi-family at 34 NW 21ST PLACE in Ocala, FL is listed for $475,000 ($176 per sqft). Built in 1981, the home offers 2,695 sqft of living space on a 0.23 acres lot.
Income-producing 4-unit multifamily property with strong cash flow and value-add potential in Ocala. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering flexibility and consistent rental demand. One unit has been renovated with updated kitchen, bathroom, and vinyl flooring, while the remaining units provide an excellent opportunity for future upgrades and increased rental income.
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.
Key Features
- Built in 1981
- 0.23 acre lot
Property Details
Monthly Cost Estimate
$2,540/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
34 NW 21ST PLACE
Ocala, FL 34475
NORTH ROADS PARK
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 34 NW 21ST PLACE is listed at $475,000 ($176/sqft). The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.
Key features include: Built in 1981, 0.23 acre lot. Interior Features: Open Floorplan. Exterior Features: Private Entrance.
This property is listed by Tina White and can be reached at 9563377160 or TinaSellsTampa@gmail.com.
