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425 N Palmetto Street

Leesburg, FL 34748
  • $488,000
  • STATUS: Active
  • ON SITE: 20 days
  • MLS #: G5042778
UPDATED: 93 min ago
$488,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,856
    SQFT
  • $171
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1972
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

INVESTORS DON'T MISS THIS ONE. First time on MLS it's your chance to own a landmark piece of old Leesburg. 425 Palmetto Apartments is a two story building with four 2 bedroom 1 bathroom apartments separately metered on City Utilities. Tenants with very good rental history are happy to remain. Well maintained; within the last 2-6 years new HVAC with Carrier units and a new roof. Looking for a quadruplex building conveniently located to busy downtown's charming entertainment and shopping as well as the center of activity at Beacon College? This diamond in the rough with good bones holds lots of potential for a promising ROI. There's also a Laundry closet on ground floor at rear. By appointment only. Please do not disturb the occupants. Thank you for your interest.

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-22T23:39:59.037.
www.searchsarasotahomes.com/homes/117807057
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425 N Palmetto Street Leesburg, FL 34748

  • Price: $488,000
  • Status: Active
  • Updated: 93 min ago
  • MLS #: G5042778
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,856
SQFT
$171
$/SQFT
1972
Built
Neighborhood:
N/A
County:
Lake
Area:
Leesburg
Elementary School:
Leesburg Elementary
Middle School:
Carver Middle
High School:
Leesburg High
Property Description
INVESTORS DON'T MISS THIS ONE. First time on MLS it's your chance to own a landmark piece of old Leesburg. 425 Palmetto Apartments is a two story building with four 2 bedroom 1 bathroom apartments separately metered on City Utilities. Tenants with very good rental history are happy to remain. Well maintained; within the last 2-6 years new HVAC with Carrier units and a new roof. Looking for a quadruplex building conveniently located to busy downtown's charming entertainment and shopping as well as the center of activity at Beacon College? This diamond in the rough with good bones holds lots of potential for a promising ROI. There's also a Laundry closet on ground floor at rear. By appointment only. Please do not disturb the occupants. Thank you for your interest.
Exterior Features

Attached Garage Yn No Carport Yn No Construction Materials Block Exterior Features Lighting Foundation Details Slab Lot Features Corner LotIn City LimitsLevel/FlatNear Public TransitStreet Paved Lot Size Dimensions 50X107 Parking Features Assigned Pool Private Yn No Roof Membrane View City Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances RangeRefrigerator Cooling Central Air Fireplace Yn No Flooring CarpetCeramic Tile Furnished Unfurnished Heating Central Laundry Features Outside Sewer Public Sewer Water Source Public

Property Features

Additional Parcels Yn No Annual Net Income 12000.00 Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Building Name Number 425 PALMETTO APTS Cdd Yn No Disclosures Lead Paint DPR Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Term 12 Months Listing Terms CashConventionalFhaVa Loan Minimum Lease 7 Months New Construction Yn No Pets Allowed No Planned Unit Development Yn No Property Condition Completed Property Description Walk-Up Property Sub Type Quadruplex Realtor Info No SignSold As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 1545.00 Tax Year 2020 Total Actual Rent 1000 Total Num Buildings 1 Utilities Electricity ConnectedSewer ConnectedWater - Multiple Meters Yrs Of Owner Prior To Leasing Re No Zoning Multi-Fami


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Century 21 Alton Clark.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-22T23:39:59.037.
 
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3355 Clark Rd. Suite 103
Sarasota FL, 34231