Income-producing duplex nestled in the historic area of Palmetto Park near downtown Ocala, offering both flexibility and immediate rental income in a setting full of character and charm. Whether you are looking for a great investment property or the opportunity to live in one unit while renting out the other, this property delivers. Currently generating $3,100 per month in rental income, with each unit rented at $1,550, this well-maintained property provides strong income potential. Originally built in 1948 and converted to a duplex in 2000, each unit features 2 bedrooms, 2 bathrooms, and approximately 924 square feet of living space. From the moment you arrive, the home welcomes you with bright, tropical colors that create a fun, cheerful, and inviting atmosphere. Its vibrant curb appeal makes it stand out while still blending beautifully with the charm of this historic area. It is clear throughout that the property has been very well cared for, offering a sense of warmth and pride of ownership. Both units have been updated with brand-new central heat and air systems in 2025, providing comfort and efficiency for years to come. Conveniently located within walking distance to 8th Street Elementary and Osceola Middle School, this location offers added convenience that supports strong rental appeal.