Price Reduced 7.43%

$249,000 ($99.64 per sqft)

Est. Mortgage $1,324/mo *

Quick Pre-Approval

Price History

$269,000
6/10/2024

$266,000
7/9/2024

$262,500
7/18/2024

$259,500
8/1/2024

$256,500
8/20/2024

$249,000
10/1/2024


11301 Crossen STREET, Leesburg, FL, 34788

11301 Crossen STREET, Leesburg, FL, 34788

6 beds

1975

2,499 sqft

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!


Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry Room, Other, Washer Hookup

Units:

2

Subdivision:

WENTZELS SUB

Garage:

Covered, Other

Heating:

Central

Cooling:

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

Lot Size:

65 x 172

Acreage:

0.26

Est. Taxes:

$1,829

Construction

Metal Siding, Vinyl Siding, Wood Frame

Utilities

Public, Street Lights

Lot Description:

City Lot, In County, Landscaped, Street Dead-End

View Description:

Trees/Woods, Water

Days on Market:

113

Pet Policy:

Yes

Appliances:

Range, Refrigerator

Lease Term Type:

12 Months

MLS #:

G5083016


Community Info

School Info

Walk Score

Yelp



Listing courtesy of MORRIS REALTY AND INVESTMENTS Phone: 352-435-4663