SoldSep 13, 2024

Listed by Jonathan Minerick from Homecoin.com

, 

Bought with Delaney Mellucci from SELLSTATE NEXT GENERATION REALTY, LLC

Source: Stellar MLS #T3535750

5911 Northwest 9th Street, Ocala, FL, 34482

$257,000

4
4
1124 sq. ft.
7405 sq. ft.

Duplex

•

30+ days on the market

Sold: Sep 13, 2024

What's around 5911 Northwest 9th Street

About this property

9.5% Cap rate upon takeover, excellent investment, low expenses! Welcome to this beautifully renovated duplex located in the heart of Ocala! This property offers a perfect blend of modern amenities and low-maintenance living, making it an ideal investment opportunity. Both units have been meticulously updated with new appliances, LPVC flooring, completely remodeled bathrooms, and fresh paint both inside and out. The addition of a new metal roof ensures long-term durability and minimal maintenance, providing peace of mind for the future. Both units have a new AC system as well. The units are (2) 1/1 units. This duplex is a fantastic investment with stable income, currently generating $2550 per month from long-term tenants. Operating costs are incredibly low, as the only expense is landscaping and trash collection—tenants pay for electricity, and the property benefits from a well water system. With all updates and renovations completed, this property is truly move-in ready. Whether you're an investor looking for a reliable income property or a homeowner seeking a property with rental income potential, this duplex is a must-see.

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