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(386) 960-0076
Stork Real Estate
1105-1111 Johnson Street, Leesburg, FL 34748
- $808,000
- 5,071
- SqFt
- Sold Price
- $808,000
- List Price
- $850,000
- Closing Date
- Dec 08, 2025
- MLS#
- G5097618
- Type
- Multifamily
- Living Area
- 5,071
- Lot Size
- 42,351
- Subdivision
- Leesburg
- Year Built
- 1958
Property Description
ACCEPTING BACK UP OFFERS This well-maintained, 8-unit income producing property is located in the historic downtown area of Leesburg, comprising two separate parcels (Alt keys # 1264821 and 1236720). The first parcel, zoned C-3, includes three block duplexes built in 1958 , each with two bedrooms and one bathroom units. The second parcel is zoned R2, allowing for duplex and triplex uses, and currently includes a duplex with one 2-bedroom/1-bath unit and one 1-bedroom/1-bath unit, and a large lot that offers space for building additional units. Recent updates include roof replacements on all units in 2021, a recent exterior paint job, new LVT flooring in some units, most units have easy-to-maintain Terrazzo flooring, and newer blown-in insulation. Each unit has individual water and electric meters, with tenants responsible for their utilities through the City of Leesburg utilities. Additional features include laundry hookups, covered entryways and a termite bond on the house. Historically, this property has maintained full occupancy with consistent, long-term tenants who value the convenient location near downtown Leesburg's entertainment and dining venues, the Rails to Trails walking/bike path, Publix, schools, community theatre, and Beacon College. The unique private off-street location, plenty of parking space/driveways for each unit, low maintenance, and potential adjacent development site sets this property apart and make it a great investment opportunity.
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Additional Information
- Community Features
- No Deed Restriction
- Annual Gross
- 60300
- Style
- Multi Family
- Interior
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Exterior Construction
- Block, Frame
- Exterior
- Lighting
- Roof
- Shingle
- Utilities
- Electricity Connected, Water Connected
- Heating
- Electric, Ductless
- Cooling
- Wall/Window Unit(s)
- Pool Type
- No Pool
Listing courtesy of CARLINO REAL ESTATE GROUP INC. Selling Office: DOWN HOME REALTY, LLLP.
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