829 NE 3RD STREET at

829 NE 3RD STREET

For sale Days on market 22

$425,000

$254/sq ft

$25,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1938

Sqft

1676

Property Type

Single Family Residence

Property Description

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.

Property Details

MLS#

O6399881

Total Floor in Bldg

Address

829 3RD NE

City

Ocala

State/county

Zip/Postal Code

34470

Area

Smith & Daughertys Add/city/o

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,072

Maint Fee

$--

Tax Year

2025

Cooktop

Dryer

Microwave

Refrigerator

Washer

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