$290,000
$290,000
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1610 HIGH ST Leesburg, FL 34748
2,588 SqFt
Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,588 sqft
Price per Sqft $112
Subdivision Leesburg Lsbg Realty Cos Add
MLS Listing ID G5053281
Sold Date 05/09/22
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1974
Annual Tax Amount $2,193
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 140x67
Property 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!
Location
State FL
County Lake
Community Leesburg Lsbg Realty Cos Add
Zoning R-2
Interior
Interior Features Other
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Parking Features None, Open
Utilities Available Sewer Connected
Roof Type Metal
Garage false
Private Pool No
Building
Lot Description Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Brick, Stucco
New Construction false
Construction Status Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with NEXTHOME ALLIANCE REALTY