1610 High Street Leesburg, FL 34748
Listing Courtesy of: STELLAR / ERA Grizzard Real Estate / Misty Noland

  1610 High Street Leesburg, FL 34748

Sold (7 Days)
$290,000

Description

Great corner lot triplex investment! Block and brick stucco exterior triplex with a metal roof installed in 2011. All units have 2 paved parking spaces, 2 bedrooms, 1 bathroom, a laundry room, and back door to the common backyard. Unit 1 has a long term tenant that has been there since 2000. Unit 1 pays $500 a month plus $40 a month for water. Unit 2 will be vacant by the end of March. Unit 2 rent is $550 a month plus $40 a month for water. Unit 3 pays $635 a month plus $20 a month for water. The kitchen in Unit 3 was remodeled in 2004 and includes ceramic tile throughout. Each unit has a separate electric meter. Annual gross income is $21,420. Annual expenses: Taxes $2,193.07, Water and Sewer $420, Lawn maintenance $1,430, Pest control $400. Net annual income based on current tenants is $16,971.93. Based on the property manager once unit 2 is empty, the unit could be leased for $650 a month with water fee added. Call today and grow your investment portfolio or have your tenants pay the mortgage!

MLS #:
G5053281
Taxes
$2,193(2022)
Lot Size
9,380 SQFT
Type
Multifamily
Year Built
1974
County
Lake County

Listed By

Misty Noland, ERA Grizzard Real Estate
Bought with
Peter Dang, Nexthome Alliance Realty
Source
STELLAR
Last checked Dec 23 2024 at 1:04 AM GMT+0000
Bathroom Details
Interior Features
  • Other
Subdivision
  • Leesburg Lsbg Realty Cos Add
Lot Information
  • Paved
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Exterior Features
  • Stucco
  • Brick
  • Block
  • Roof: Metal
Utility Information
  • Utilities: Water Source: Public, Sewer Connected
  • Sewer: Public Sewer
Parking
  • Open
  • None
Living Area
  • 2,588 sqft
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 12/22/24 17:04