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!
MLS# | G5083016 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Active |
Year | 1975 |
Days On Site | 148 |
Listing Provided By | MORRIS REALTY AND INVESTMENTS | Kim Ducharme-Levensohn |
Bed(s) | 6 |
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Bath(s) | 3 |
SQ Feet | 2,499 |
Car Port | Yes |
Story(s) | 1 |
Units | 2 |
Zoning | R-6 |
Acreage | 0.26 |
Water Front | Yes |
Property View | Trees, Woods, Water |
State | FL |
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County | Lake |
City | LEESBURG |
Zip Code | 34788 |
Area | 34788 Leesburg | Haines Creek |
Community Name | WENTZELS SUB |
Listing VS Median (in WENTZELS SUB) | |
Price: $249,000 low | high Med: $249,000 SqFt: 2,499 low | high Med: 2,499 $ / SqFt: $100 low | high Med: $100 On Site: 148 low | high Med: 148.000000 |