You can send a message to your fellow member through their account. You may include your contact information if you wish, but it is NOT required.
5 Duplex Properties -- Turnkey-- Leesburg Florida No Rating Yet
Leesburg, FL
Category: multifamily
Price: $895,000
Year Built: 1999
Sq Ft: 10000
Price/sqft: $89.50
Cap Rate: 9.00%
Currently Leased? yes
Expected Market Rent (monthly): $7,900
Description:     5 TURN-KEY Duplex propeties just off 441 in Leesburg Fl. Tenants pay all utilities including water, sewer, trash, and electric-- all billed directly by the city of Leesburg. The Sleepy Hollow Recreation Sports area is just over the hill. Buildings are cinder-block stucco, Trane central heat and air. Fully applianced kitchens with Above-the-Range Microwave, DW, Disp, Fridge, Range. Most units have been recently upgraded, Berber carpet and tile, new lighting and ceiling fans etc. Each unit has a garage and Washer Dryer hook-ups are in the garage. They are painted designer colors and pride of "ownership" shows in the tenant upkeep, all tenants are professionally employed. The units breakdown as follows (4) 3/2/1 @$875 (4) 2/2/1 @$775 (2) 1/1/1 @$650. All on the same street but on separate lots. All units are on leases-- clause in each lease for new owner renegotiation ,at 30 days new ownership.