1
  • Property Type
  • Triplex, Residential Income
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Garages
  • 1836 Sqft
  • Area Size

205 FERN DRIVE, Leesburg, FL 34748

  • $380,000

Description

One or more photo(s) has been virtually staged. Turnkey multifamily investment in a primer location generating $46,800/year with potential to grow to over $60K annually! This well-maintained property on 0.79 acres includes three fully leased units: Unit A (2/1, 721 sq ft), Unit D (2/1, 584 sq ft), and Unit C (1/1, 486 sq ft). All units have been updated with new windows, interior/exterior paint, flooring, and fixtures. Major improvements include a 2019 roof replacement for all units, new well and pump, and updated septic systems: Unit A (8/2019), Unit D (7/2020), and Unit C (pumped and certified 9/2023). Tenants pay their own electric and cable. Each unit features separate electric meters, mailboxes, trash/recycle bins, and laundry hookups. Additional income potential from a 870 sq ft warehouse, 40′ shipping container, and tandem garage—bringing projected gross income to $61,200/year. 4-point inspections completed and passed for all units. Low maintenance, strong cash flow, and leases in place through 2026. Don’t miss this income-producing opportunity—schedule your showing today!

  • Address: 205 FERN DRIVE
  • City: Leesburg
  • State/county: FL
  • Zip/Postal Code: 34748
  • Area: ACREAGE & UNREC
  • Country: US

Details

Atualizado em agosto 4, 2025 no 1:18 pm
  • Property ID G5098401
  • Price $380,000
  • Property Size 1836 m²
  • Land Area 0.74 m²
  • Bedrooms 5
  • Bathrooms 3
  • Garages 2
  • Garage Size x x
  • Year Built 1952
  • Property Type Triplex, Residential Income
  • Property Status Closed, For Sale

Additional details

  • Listing Terms Cash,Conventional,VA Loan
  • Roof Shingle
  • Utilities Electricity Connected
  • Sewer Septic Tank
  • Cooling Central Air,Wall/Window Unit(s)
  • Heating Central,Ductless
  • Flooring Carpet,Laminate
  • County Lake
  • Property Type Residential Income
  • Elementary School Beverly Shores Elem
  • Middle School Oak Park Middle
  • High School Leesburg High

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