Sold
Address
1502 High Street, LEESBURG, FL
Price
$ 310,000
Property Attributes
  • MLS#O6181087
  • TypeIncome
  • CountyLAKE
  • CityLEESBURG
  • Zip34748
  • Style
  • Price$ 310,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10883
  • Lot Size0.64 Acres
Data Source:
Stellar MLS
Property Description

Don’t miss this rare opportunity to own one of the biggest multi-family houses in the city of Leesburg! This property is a quaint, plantation style house in need of TLC. Featuring three staircases, an upstairs porch, and multiple units/rooms, this house is the perfect canvas for buyers with a creative side. The potential for this property is as grand as the house! Previously, this building was used as an apartment complex and could be again in the future with creative structuring. Group housing, homeless shelter, or domestic violence shelter are options for use as well. Current plans (can be provided upon request) call for 9 3/2 apartments which can be rented for $1,850/MO each bringing in $16,650/MO. Whatever you decide to do with this property, prosperity is bound to follow! This is a highly sought after property, so please make sure to get your offers and/or contracts submitted as quickly as possible! Don’t miss out on the opportunity to call this gem yours! Please submit serious offers with POF.

Price History
2/22/2024 Listed $349,900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34748

Price
AVG $490K
$310K