FL
Lake
LEESBURG
34748
205 FERN DRIVE A,C,D
205 FERN DRIVE A,C,D, LEESBURG, FL 34748
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Listing Type
Multi Family
Listing Status
pending
31
$380,000

Home Details for 205 FERN DRIVE A,C,D

Price
$380,000
Type
Residential Income
Bedrooms
5
Bathrooms
3.0
Square feet
1791
Year built
1952
Lot size acres
0.74
County
Lake
Garage
2
Basement
Crawl Space
Days on site
97
MLS Listing#
G5098401
Property Description

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Turnkey multifamily investment in a primer location generating $46,800/year with potential to grow to over $60K annually! This well-maintained property on 0.79 acres includes three fully leased units: Unit A (2/1, 721 sq ft), Unit D (2/1, 584 sq ft), and Unit C (1/1, 486 sq ft). All units have been updated with new windows, interior/exterior paint, flooring, and fixtures. Major improvements include a 2019 roof replacement for all units, new well and pump, and updated septic systems: Unit A (8/2019), Unit D (7/2020), and Unit C (pumped and certified 9/2023). Tenants pay their own electric and cable. Each unit features separate electric meters, mailboxes, trash/recycle bins, and laundry hookups. Additional income potential from a 870 sq ft warehouse, 40' shipping container, and tandem garage—bringing projected gross income to $61,200/year. 4-point inspections completed and passed for all units. Low maintenance, strong cash flow, and leases in place through 2026. Don’t miss this income-producing opportunity—schedule your showing today!

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Property Features
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Heating Information
    • Central
    • Ductless
  • Water Features
    • Private
    • Well
  • Utilities
    • Electricity Connected
  • Basement
    • Crawl Space
School Information
School Information for 205 FERN DRIVE A,C,D, LEESBURG, FL 34748
Elementary School
Beverly Shores Elem
Middle School
Oak Park Middle
High School
Leesburg High
Listing Courtesy: EXP REALTY LLC - 888-883-8509
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-07 16:46:51
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EXIT REALTY TRI-COUNTY
18640 US Hwy 441, Mount Dora, FL 32757
Office
352 385 3948
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