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11301 Crossen Street

Leesburg, FL 34788
  • $249,000
  • STATUS: Active
  • ON SITE: 175 Days
  • MLS #: G5083016
UPDATED: 53 min ago
$249,000
  • 6
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,499
    SQFT
  • $100
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Ratings & Info

Description

CASH FLOW! CASH FLOW! CASH FLOW! This unique property has tenants in place and making $3,000 a month! Discover an exceptional investment opportunity with this unique property offering endless possibilities and instant income potential. Featuring two distinct units for the price of one, this property is perfect for investors seeking a versatile and lucrative addition to their portfolio. The first unit is a classic 1975 manufactured home boasting 1149 sq ft of comfortable living space, including 3 bedrooms, 2 bathrooms, and a convenient covered carport. The second unit, a wood-framed engineered addition, has been completely remodeled to provide modern, flexible living space. This unit currently features 1 bedroom and 1 bathroom but offers the potential to be converted into a 3-bedroom home, with additional rooms that can be utilized as bedrooms despite not having built-in closets. Spread across nearly 1400 sq ft, the open living space is enhanced by laminate wood flooring throughout, a kitchenette equipped with a brand-new refrigerator and stove top, a new hot water tank, and a ventless A/C unit. The remodeled bathroom includes a shower/tub combo and a washer/dryer hookup, adding to the unit's appeal. Improvements made since ownership include: new a/c unit in manufactured home, mini split a/c in back unit, privacy fence, gutters, french drain, electrical, hot water tank, plumbing, drywall/paint and more. But wait, there's more! This property is also on the water, offering canal frontage right in your backyard that leads to the Chain of Lakes leading to Lake Eustis, complete with a boat slip perfect for a kayak or john boat. No HOA fees here! The carport provides parking and there's additional parking on the property. Located just minutes from shopping, restaurants, and entertainment, this property is in a prime location. Generate rental income from both units! This property offers unmatched flexibility and immediate income opportunities. Don't miss out on this incredible investment property schedule a showing today and explore the potential it holds!

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© 2024 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 2024-12-03T06:49:18.1.
www.thenewcomergroup.com/homes/151529324
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11301 Crossen Street Leesburg, FL 34788

  • Price: $249,000
  • Status: Active
  • On Site: 175 Days
  • Updated: 53 min ago
  • MLS #: G5083016
6
Beds
0
Baths
0
½ Baths
0.26
Acres
2,499
SQFT
$100
$/SQFT
1975
Built
Neighborhood:
Wentzels Sub
County:
Lake
Area:
Leesburg / Haines Creek
Property Description
CASH FLOW! CASH FLOW! CASH FLOW! This unique property has tenants in place and making $3,000 a month! Discover an exceptional investment opportunity with this unique property offering endless possibilities and instant income potential. Featuring two distinct units for the price of one, this property is perfect for investors seeking a versatile and lucrative addition to their portfolio. The first unit is a classic 1975 manufactured home boasting 1149 sq ft of comfortable living space, including 3 bedrooms, 2 bathrooms, and a convenient covered carport. The second unit, a wood-framed engineered addition, has been completely remodeled to provide modern, flexible living space. This unit currently features 1 bedroom and 1 bathroom but offers the potential to be converted into a 3-bedroom home, with additional rooms that can be utilized as bedrooms despite not having built-in closets. Spread across nearly 1400 sq ft, the open living space is enhanced by laminate wood flooring throughout, a kitchenette equipped with a brand-new refrigerator and stove top, a new hot water tank, and a ventless A/C unit. The remodeled bathroom includes a shower/tub combo and a washer/dryer hookup, adding to the unit's appeal. Improvements made since ownership include: new a/c unit in manufactured home, mini split a/c in back unit, privacy fence, gutters, french drain, electrical, hot water tank, plumbing, drywall/paint and more. But wait, there's more! This property is also on the water, offering canal frontage right in your backyard that leads to the Chain of Lakes leading to Lake Eustis, complete with a boat slip perfect for a kayak or john boat. No HOA fees here! The carport provides parking and there's additional parking on the property. Located just minutes from shopping, restaurants, and entertainment, this property is in a prime location. Generate rental income from both units! This property offers unmatched flexibility and immediate income opportunities. Don't miss out on this incredible investment property schedule a showing today and explore the potential it holds!
Exterior Features

Carport Spaces 2 Carport Yn Yes Construction Materials Metal SidingVinyl SidingWood Frame Covered Spaces 2 Exterior Features Private MailboxRain Gutters Foundation Details Crawlspace Lot Features City LotIn CountyLandscapedStreet Dead-End Lot Size Dimensions 65 x 172 Parking Features CoveredOther Patio And Porch Features None Pool Private Yn No Road Frontage Type Street Dead-EndStreet Paved Road Surface Type PavedAsphalt Roof Metal View Trees/WoodsWater Water Access Canal - FreshwaterLake - Chain of Lakes Water Access Yn Yes Water Body Name Lake Eustis Water Extras Boat Ramp - Private Water Extras Yn Yes Water View CanalLake - Chain of Lakes Water View Yn Yes Waterfront Features Canal - FreshwaterLake - Chain of Lakes Waterfront Feet Total 0 Waterfront Yn Yes

Interior Features

Additional Rooms Bonus RoomInside Utility Appliances RangeRefrigerator Building Area Total 2739 Cooling Central AirMini-Split Unit(s)Wall/Window Unit(s) Cooling YN Yes Fireplace Yn No Flooring LaminateTile Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Eating Space In KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSolid Surface Counters Laundry Features Laundry RoomOtherWasher Hookup Levels One Sewer Septic Tank Water Source Well

Property Features

Annual Net Income 36000 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code AE Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Term 12 Months Listing Terms Cash New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Attached YN Yes Property Sub Type Duplex Realtor Info Currently Leased Senior Community Yn No Special Listing Conditions None Tax Annual Amount 1828.86 Total Annual Fees 0 Total Monthly Fees 0 Utilities PublicStreet Lights Zoning R-6


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of MORRIS REALTY AND INVESTMENTS: 352-435-4663.



© 2024 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 2024-12-03T06:49:18.1.
 
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