Leesburg, FL 34748,1105-1111 JOHNSON ST
Leesburg, FL 34748,1105-1111 JOHNSON ST
Leesburg, FL 34748,1105-1111 JOHNSON ST
Leesburg, FL 34748,1105-1111 JOHNSON ST
Leesburg, FL 34748,1105-1111 JOHNSON ST
Leesburg, FL 34748,1105-1111 JOHNSON ST
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$ 850,000
Est. payment | /mo

5,071 SqFt


$ 850,000
Est. payment | /mo

5,071 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,071 sqft

Price per Sqft $167

Subdivision Leesburg

MLS Listing ID G5097618

HOA Y/N No

Year Built 1958

Annual Tax Amount $4,989

Lot Size 0.970 Acres

Acres 0.97

Property Sub-Type Multi Family

Source Stellar MLS

Property 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.

Location

State FL

County Lake

Community Leesburg

Area 34748 - Leesburg

Zoning C-3

Interior

Interior Features Ceiling Fans(s)

Heating Electric, Ductless

Cooling Wall/Window Unit(s)

Fireplace false

Laundry Outside

Exterior

Exterior Feature Lighting

Utilities Available Electricity Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace, Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5097618

Stellar MLS
Listed by CARLINO REAL ESTATE GROUP INC
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