205 Fern Dr. #A,C,D, Leesburg, FL 34748

205 Fern Dr. #A,C,D, Leesburg, FL 34748
Photo 1 of 1
$365,000
Sold on 8/01/25
Beds Baths Sq. Ft. Taxes Built
5 0.00 1,791 $4,668.85 1952
On the market: 58 days
View full details, 15 photos, school info, and price history
One or more photo(s) has been virtually staged. Turnkey multifamily investment in a primer location generating $46,800/year with potential to grow to over $60K annually! This well-maintained property on 0.79 acres includes three fully leased units: Unit A (2/1, 721 sq ft), Unit D (2/1, 584 sq ft), and Unit C (1/1, 486 sq ft). All units have been updated with new windows, interior/exterior paint, flooring, and fixtures. Major improvements include a 2019 roof replacement for all units, new well and pump, and updated septic systems: Unit A (8/2019), Unit D (7/2020), and Unit C (pumped and certified 9/2023). Tenants pay their own electric and cable. Each unit features separate electric meters, mailboxes, trash/recycle bins, and laundry hookups. Additional income potential from a 870 sq ft warehouse, 40' shipping container, and tandem garage—bringing projected gross income to $61,200/year. 4-point inspections completed and passed for all units. Low maintenance, strong cash flow, and leases in place through 2026. Don’t miss this income-producing opportunity—schedule your showing today!
Listing courtesy of Daniela Patton, EXP REALTY LLC