11301 CROSSEN ST Active Save Request In-Person Tour Request Virtual Tour
Leesburg,FL 34788
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,499 sqft
Price per Sqft $99
Subdivision Wentzels Sub
MLS Listing ID G5083016
Bedrooms 6
HOA Y/N No
Originating Board Stellar MLS
Year Built 1975
Annual Tax Amount $1,828
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 65x172
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!
Location
State FL
County Lake
Community Wentzels Sub
Zoning R-6
Rooms
Other Rooms Bonus Room,Inside Utility
Interior
Interior Features Ceiling Fans(s),Eat-in Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Solid Surface Counters
Heating Central
Cooling Central Air,Mini-Split Unit(s),Wall/Window Unit(s)
Flooring Laminate,Tile
Fireplace false
Appliance Range,Refrigerator
Laundry Laundry Room,Other,Washer Hookup
Exterior
Exterior Feature Private Mailbox,Rain Gutters
Garage Covered,Other
Utilities Available Public,Street Lights
Waterfront Description Canal - Freshwater,Lake
View Y/N Yes
Water Access Yes
Water Access Desc Canal - Freshwater,Lake - Chain of Lakes
View Trees/Woods,Water
Roof Type Metal
Porch None
Garage false
Private Pool No
Building
Lot Description City Limits,In County,Landscaped,Street Dead-End,Paved
Entry Level One
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Metal Siding,Vinyl Siding,Wood Frame
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None