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$ 249,000

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Price Dropped by $7K

11301 CROSSEN ST Leesburg, FL 34788

6 Beds

3 Baths

2,499 SqFt

UPDATED:

10/01/2024 08:33 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,499 sqft

Price per Sqft $99

Subdivision Wentzels Sub

MLS Listing ID G5083016

Bedrooms 6

HOA Y/N No

Originating Board Stellar MLS

Year Built 1975

Annual Tax Amount $1,828

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 65x172

Property Description

CASH FLOW! CASH FLOW! CASH FLOW! This unique property has tenants in place and making $3,000 a month! Discover an exceptional investment opportunity with this unique property offering endless possibilities and instant income potential. Featuring two distinct units for the price of one, this property is perfect for investors seeking a versatile and lucrative addition to their portfolio. The first unit is a classic 1975 manufactured home boasting 1149 sq ft of comfortable living space, including 3 bedrooms, 2 bathrooms, and a convenient covered carport. The second unit, a wood-framed engineered addition, has been completely remodeled to provide modern, flexible living space. This unit currently features 1 bedroom and 1 bathroom but offers the potential to be converted into a 3-bedroom home, with additional rooms that can be utilized as bedrooms despite not having built-in closets. Spread across nearly 1400 sq ft, the open living space is enhanced by laminate wood flooring throughout, a kitchenette equipped with a brand-new refrigerator and stove top, a new hot water tank, and a ventless A/C unit. The remodeled bathroom includes a shower/tub combo and a washer/dryer hookup, adding to the unit's appeal. Improvements made since ownership include: new a/c unit in manufactured home, mini split a/c in back unit, privacy fence, gutters, french drain, electrical, hot water tank, plumbing, drywall/paint and more. But wait, there's more! This property is also on the water, offering canal frontage right in your backyard that leads to the Chain of Lakes leading to Lake Eustis, complete with a boat slip perfect for a kayak or john boat. No HOA fees here! The carport provides parking and there's additional parking on the property. Located just minutes from shopping, restaurants, and entertainment, this property is in a prime location. Generate rental income from both units! This property offers unmatched flexibility and immediate income opportunities. Don't miss out on this incredible investment property ? schedule a showing today and explore the potential it holds!

Location

State FL

County Lake

Community Wentzels Sub

Zoning R-6

Rooms

Other Rooms Bonus Room, Inside Utility

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters

Heating Central

Cooling Central Air, Mini-Split Unit(s), Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplace false

Appliance Range, Refrigerator

Laundry Laundry Room, Other, Washer Hookup

Exterior

Exterior Feature Private Mailbox, Rain Gutters

Garage Covered, Other

Utilities Available Public, Street Lights

Waterfront true

Waterfront Description Canal - Freshwater,Lake

View Y/N Yes

Water Access Yes

Water Access Desc Canal - Freshwater,Lake - Chain of Lakes

View Trees/Woods, Water

Roof Type Metal

Porch None

Parking Type Covered, Other

Garage false

Private Pool No

Building

Lot Description City Limits, In County, Landscaped, Street Dead-End, Paved

Entry Level One

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Well

Structure Type Metal Siding,Vinyl Siding,Wood Frame

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Listed by MORRIS REALTY AND INVESTMENTS

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11301 CROSSEN ST Leesburg, FL 34788

Key Details

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Rooms

Interior

Exterior

Building

Others

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11301 CROSSEN ST