$285,000
$290,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
1611 INDIAN TRL Leesburg, FL 34748
5 Beds
3 Baths
1,800 SqFt
Key Details
Sold Price $285,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $158
Subdivision Indian Hill
MLS Listing ID G5077658
Sold Date 02/29/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Originating Board Stellar MLS
Year Built 1945
Annual Tax Amount $1,520
Lot Size 0.320 Acres
Acres 0.32
Property Description
CASH COW ALERT! This property features 3 separate rental units. This first unit consists of 3 Bedrooms, 1 bathroom and is currently being rented for $2000/month. The second unit is 2 bedrooms, 1 bathroom and is currently being rented for $1400/month. The third unit is a studio pool house with kitchen and bath, and is rented for $1515/month. This investment is currently producing a 12% cap rate; well above the average 5% cap rate in Central Florida.
It is located within easy access to major highways and major attractions. Don't miss this opportunity to own this unique property for only $290,000! Serious investors only. POF or Pre-Approval required prior to showing as it is FULLY OCCUPIED and don't want to bother tenants without serious interest. Showing by appointment only. Do not disturb tenants.
Location
State FL
County Lake
Community Indian Hill
Zoning RM
Interior
Interior Features Primary Bedroom Main Floor
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Concrete, Vinyl
Fireplace false
Appliance Dishwasher, Dryer, Microwave, Range, Washer
Laundry Inside
Exterior
Exterior Feature Lighting
Pool In Ground
Utilities Available Electricity Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool Yes
Building
Entry Level One
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Read Less
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Bought with DOWN HOME REALTY, LLLP