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Listed price in listed location currency (USD).
$515,000

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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 10883 sqft
Garage No
Taxes $3,357
Days Active 1
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $47
MLS® Number O6355283

Property Address: 1502 High St, LEESBURG, FL, 34748-2804

Average square foot calculated using Size range provided by listing agent.

Description

Here is a chance to convert this nine-unit property into a cash-flowing, 10-unit multifamily residence. Located in Leesburg, a market with strong tenant demand and long-term growth, this property holds tremendous potential to address an undersupplied rental market and achieve significant returns. A complete renovation, estimated at $400, 000, will be required to achieve its maximum potential. Repairs and upgrades will include reroofing, general system maintenance, cosmetic improvements, updated floor plans, and modern interiors. While this project will require significant work, it presents an opportunity for incredible returns, with an After-Repair Value (ARV) of $1, 100, 000. This property is a fantastic opportunity to provide value for tenants in a location where demand is strong. Don't miss out on this chance to create affordable and comfortable housing for 10 families. Contact your EquityPro Advisor today.
MLS® NumberO6355283
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.64
Exterior
GarageNo
Approx. Age1910
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 24, 2025List Date
$515,000List Price
Feb 25, 2024End Date
$310,000Sold Price

Sold

Apr 4, 2025List Date
$349,900List Price
  • Commute

Commute

Starting Address
Destination Address
1502 High St, LEESBURG, FL

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