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301 EAST, LEESBURG, FL, 34748

$1,000,000

24 Beds7,072 Sq FtBuilt 19570.48 Acres

About This Property

Unlock incredible potential with this 12-unit apartment building, perfect for the savvy investor seeking to gain equity and add value. Ten of the units have already been beautifully gutted and renovated, while one is currently being updated and another is in the process of electrical improvements. Located in a prime area near the stunning chain of lakes and vibrant downtown Leesburg, this property offers the ideal blend of convenience and appeal. Don’t miss your chance to capitalize on this lucrative investment! Seller is selling his 112 unit rental portfolio properties including 1000 E CAROLINE STREET, TAVARES, Florida 32778, 737 ALBROOK STREET, MASCOTTE, Florida 34753, 617 E MYERS BOULEVARD, MASCOTTE, Florida 34753, 30 WAFFORD STREET, UMATILLA, Florida 32784, 15992 W COLONIAL DRIVE, OAKLAND, Florida 34787, and 301 S EAST STREET, LEESBURG, Florida 34748.

Subdivision

LEESBURG LEES

Status

Active

Listed By

REMAX SUNSTATE REALTY

Days on Market

521

Mortgage Calculator

Home Price

Loan Term

Down Payment($200,000)

Interest Rate

Est. Monthly Payment

$6,532

30-yr fixed · 20% down · 6.875%

Principal & Interest$5,255

Property Tax (actual)$860

Est. Home Insurance~0.5% est.$417

Total / month$6,532

Loan amount$800,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.