1008/1010 BEECHER STREET

Leesburg, FL 34748
$280,000
1400 sqft | 4 beds | 2 baths | 0.34 acres | #O6259493

Description

This property presents itself as a remarkable opportunity for novice investors entering the real estate market. The proprietor has recently undertaken significant renovations, including the installation of a brand new roof and upgrades to the bathrooms in each unit. The duplex boasts exceptional durability, rendering it an ideal investment property for those venturing into the field. Its construction entirely comprises concrete block, eliminating the concern of tenants damaging any drywall. Furthermore, the flooring is composed of tile, obviating the need for replacement after each tenant vacates. The owner has implemented a variety of improvements over their tenure. In the initial year, blown-in insulation was added to enhance heat preservation. The ceiling, fashioned from tongue and groove wood, offers additional insulation to the units. Situated on an expansive lot, this duplex potentially allows for the addition of a small unit behind the existing structure, subject to approval from the city. However, what truly captivates tenants is the backyard, adorned with majestic overhanging trees that create a tranquil canopy. The backyard is securely fenced, affording a private and safe environment.This duplex epitomizes an excellent selection for both seasoned investors and individuals new to the realm of rental property ownership. Conveniently located in close proximity to downtown Leesburg, Carver middle school is easily accessible on foot. Conversely, in the opposite direction lies the public park. Virtually everything, such as buses, entertainment venues, restaurants, and grocery shopping, in a walking distance. This attribute entices tenants due to the sheer convenience of residing in this area.
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  • Property Details
      • Interior:Eat-in Kitchen
      • Bedrooms:4
      • Bathrooms:2
      • Full Baths:2
      • Stories:1
      • Exterior materials:Other
      • Acres:0.34
      • Square Feet:1400
      • Property type:Purchase
      • Year built:1957
      • Foundation:Slab
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Cable Connected, Electricity Connected, Public, Sewer Connected
      • Subdivision:ACREAGE & UNREC
      • County:Lake
      • Original List Price:$274, 000
      • Days on Market (Cumulative):12
      • Taxes annual:$1, 856
      • MLS #:O6259493
      • Cost:280000
      • Property subtype:Half Duplex
      • MLS #:O6259493

Location

Del Amo RealtyReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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