801 NW 16TH CT, OCALA, FL, 34475
$179,999
Residential
Bedrooms
3
Bathrooms
2
Living Area
1,104 Sqft
Lot Size
10,019 Sqft
Charming Home with Income Potential & Detached In-Law Suite - Discover an incredible opportunity with this versatile property located just a short drive from many of Ocala’s top attractions. This home features updated windows (2024), solar panels (2022), gas tankless water heater (2022), A/C system (2017), and a sturdy roof (2015), offering peace of mind to any buyer. Whether you're looking for a dream home or an income-producing investment, this one is a steal! The main residence offers 3 spacious bedrooms, 1 full bath, and 1 convenient half bath—perfect for families or long-term tenants. Tucked away in the backyard is a detached 1-bedroom, 1-bath in-law suite—perfect for extended family, guests, or rental income. Currently, both units are tenant-occupied, offering immediate income potential. The main house rents for $1,400/month with a lease ending July 31st, while the in-law suite is on a month-to-month lease at $950/month. With a combined potential income of $2,350/month, this property practically pays for itself. With its dual living spaces and prime location near popular destinations such as Fort King National Historic Landmark and Rainbow Springs State Park, this property also makes for a fantastic Airbnb opportunity. Whether you choose to rent long-term or short-term, the flexibility here is unmatched. Whether you're an investor seeking strong rental returns or a homeowner dreaming of extra space or supplemental income, this property is a must-see. Don't miss out on this unique chance to own a piece of Ocala with flexibility, charm, and unbeatable value.
Property Details
Property Features Property Features
MLS ID: MFRW7875708 Year Built: 1971
Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater Construction Materials: Vinyl Siding
Cooling: Central Air Country: US
County Or Parish: Marion Direction Faces: West
Exterior Features: Other, Private Mailbox, Storage Flooring: Carpet, Linoleum
Foundation Details: Pillar/Post/Pier Heating: Central, Natural Gas
Laundry Features: Gas Dryer Hookup, Inside Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, VA Loan
Occupant Type: Tenant Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: BB/HS Internet Available Water Source: Public
Rooms Rooms
Kitchen: Living Room:
Primary Bedroom:
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