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
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Address: 205 FERN DRIVE
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City: Leesburg
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State/county: FL
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Zip/Postal Code: 34748
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Area: ACREAGE & UNREC
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Country: US
Details
Atualizado em agosto 4, 2025 no 1:18 pm-
Property ID G5098401
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Price $380,000
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Property Size 1836 m²
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Land Area 0.74 m²
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Bedrooms 5
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Bathrooms 3
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Garages 2
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Garage Size x x
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Year Built 1952
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Property Type Triplex, Residential Income
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Property Status Closed, For Sale
Additional details
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Listing Terms Cash,Conventional,VA Loan
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Roof Shingle
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Utilities Electricity Connected
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Sewer Septic Tank
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Cooling Central Air,Wall/Window Unit(s)
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Heating Central,Ductless
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Flooring Carpet,Laminate
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County Lake
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Property Type Residential Income
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Elementary School Beverly Shores Elem
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Middle School Oak Park Middle
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High School Leesburg High
Mortgage Calculator
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