Price Reduced 7.43%
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
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
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Listing courtesy of MORRIS REALTY AND INVESTMENTS Phone: 352-435-4663