Bought with
10,883 SqFt
10,883 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,883 sqft
Price per Sqft $47
Subdivision Leesburg Archbell Sub
MLS Listing ID O6355283
Construction Status Fixer
HOA Y/N No
Year Built 1910
Annual Tax Amount $3,357
Lot Size 0.640 Acres
Acres 0.64
Lot Dimensions 140x199
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
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 $1,700,000.
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.
Location
State FL
County Lake
Community Leesburg Archbell Sub
Area 34748 - Leesburg
Zoning R-2
Interior
Interior Features Ninguno
Heating None
Cooling None
Flooring Wood
Fireplace false
Laundry None
Exterior
Exterior Feature Other
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Construction Status Fixer
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6355283
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