Description
Location location location only 45 mins to Orlando. This property is Located in Leesburg mins to Downtown, and UF Health Leesburg hospital. Rent in the area is $800+ for one bedroom. You can do 3 bedroom 2bathrooms and up to 9 units which will give you $19k a month. Lake County zoning currently allows 9+ units. Property has up to 26 unit rooms with 10 kitchens and 8 bathrooms. Will need to do a full rehab of the property with new floor plans, which are attached. Lots of possibilities for the creative investor! Property to be sold As-Is, Where Is with no Representations or warranties from Owner. Property is an REO, buyer to perform all necessary inspections and property research at buyers sole cost and expense. Seller will not finance. Buyer MUST DO their own due diligence. All offers must be prepared on an FAR/BAR “As Is” Contract w/ Pre-Approval Letter or POF. Owner doesn’t want anyone to go to city or lake county for any questions. Send in the contract 1st and then do your own due diligence in that period.
County website for zoning.
https://lakecopropappr.com/property-details.aspx?AltKey=1344832
Address
Open on Google Maps- Address 1502 HIGH STREET
- City LEESBURG
- State/county FL
- Zip/Postal Code 34748
- Country US
Details
Updated on July 12, 2023 at 5:19 pm- Property ID: O6122212
- Price: $479,000
- Property Size: 11363 Square Feet
- Land Area: 0.64 Acres
- Garage Size: x x
- Year Built: 1910
- Property Type: Multi-Family, Commercial Sale
- Property Status: Canceled
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