301 S East Street, Leesburg, FL 34748

$1,000,000
24
BD
12
BA
7,072
SqFt

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List Price
$1,000,000
Status
Pending
Days on Market
573
Price Change
▼ $200,000 1768613037
MLS#
O6253611
Property Style
Multi-Family 5+
Year Built
1957
Bedrooms
24
Bathrooms
12
Living Area
7,072
Lot Size
21,000
Acres
0.48
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Leesburg Lees
MLS Area Major
Leesburg

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.

Additional Information

Taxes
$10315
Annual Gross Income
115200
Community Features
Street Lights, No Deed Restriction
Zoning
R-3
Interior Layout
Other
Interior Features
Other
Utilities
Cable Available, Electricity Available, Public, Sewer Available
Heating
Electric, Ductless
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Exterior Features
Fence
Roof
Metal
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
25-19-24-0800-001-00100
Legal Description
LEESBURG, LEE'S SUB LOTS 1, 4, 5, BLK 1 PG 8 PG 102 ORB 1703 PG 404

Listing courtesy of REMAX SUNSTATE REALTY. 863-420-5851

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