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USAFLLeesburgLeesburg1105-1111 Johnson St
1111 - 1105-1111 Johnson St, Home with 0 bedrooms, 0 bathrooms and null parking in LEESBURG FL | Image 1
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$850,000

1111 - 1105-1111 Johnson St, Leesburg, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5071 sqft
Garage No
Taxes $4,989
Days Active 2
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $167
MLS® Number G5097618

Property Address: 

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

Description

This well-maintained, 8-unit income producing property is located in the historic downtown area of Leesburg, comprising two separate parcels (Alt keys # 1264821 and 1236720). The first parcel, zoned C-3, includes three block duplexes built in 1958 , each with two bedrooms and one bathroom units. The second parcel is zoned R2, allowing for duplex and triplex uses, and currently includes a duplex with one 2-bedroom/1-bath unit and one 1-bedroom/1-bath unit, and a large lot that offers space for building additional units. Recent updates include roof replacements on all units in 2021, a recent exterior paint job, new LVT flooring in some units, most units have easy-to-maintain Terrazzo flooring, and newer blown-in insulation. Each unit has individual water and electric meters, with tenants responsible for their utilities through the City of Leesburg utilities. Additional features include laundry hookups, covered entryways and a termite bond on the house. Historically, this property has maintained full occupancy with consistent, long-term tenants who value the convenient location near downtown Leesburg's entertainment and dining venues, the Rails to Trails walking/bike path, Publix, schools, community theatre, and Beacon College. The unique private off-street location, plenty of parking space/driveways for each unit, low maintenance, and potential adjacent development site sets this property apart and make it a great investment opportunity.Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® NumberG5097618
Laundry LevelOutside
Central VacNo
FireplaceNo
Acreage0.97
ExteriorLighting
GarageNo
Approx. Age1958
Basement
Driveway
Garage Spaces
HeatElectric, Ductless
A/CWall/Window Unit(s)
Heating Fuel

Extras

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