BEDS24
BATHS
SQUARE FEET7,072
MLS#O6253611
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLEESBURG LEES
Property Description
Under contract-accepting backup offers. Unlock incredible potential with this 12-unit apartment building, perfect for the savvy investor seeking to gain equity and add value. Ten of the units have already been beautifully gutted and renovated, while one is currently being updated and another is in the process of electrical improvements. Located in a prime area near the stunning chain of lakes and vibrant downtown Leesburg, this property offers the ideal blend of convenience and appeal. Don't miss your chance to capitalize on this lucrative investment! Seller is selling his 112 unit rental portfolio properties including 1000 E CAROLINE STREET, TAVARES, Florida 32778, 737 ALBROOK STREET, MASCOTTE, Florida 34753, 617 E MYERS BOULEVARD, MASCOTTE, Florida 34753, 30 WAFFORD STREET, UMATILLA, Florida 32784, 15992 W COLONIAL DRIVE, OAKLAND, Florida 34787, and 301 S EAST STREET, LEESBURG, Florida 34748.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric, Ductless
Lot Size: 0.48 Acres
Roof Type: Metal
Taxes: $10,315
Year Built: 1957
Amenities
Other
Fence
Feature Descriptions
Annual Net Income: 115200.00
Community Features: Street Lights
Days on Site: 577
Directions: 441 take a left onto 44 then take a right onto south east street
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.48
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 12
Utilities: Cable Available, Electricity Available, Public, Sewer Available
Water: Private, Public
Water Access Y/N: No
Zoning: R-3
Listed By / Shown By
Listed By
Agency Name: REMAX SUNSTATE REALTY
Agency Contact: 863-420-5851
Shown By
Agency Title: Glory International Real Estate Co
Agency Phone: 386-775-7778
Estimate Your Payment
Estimated Payment
$ 3,376.82 per month $2,225.57 Principal & Interest $859.58 Property Tax $291.67 Homeowner's Insurance
301 S East Street | MLS# O6253611
This multi-family property located at 301 S East Street, Leesburg, FL 34748 is currently listed for sale with an asking price of $1,000,000. Search Leesburg real estate on www.gloryire.com today.