11301 CROSSEN STREET LEESBURG FL 34788 MLS #G5083016

11301 CROSSEN STREET
LEESBURG, FL, 34788
$256,500
6 Beds
3 Baths
2,739 SqFt
0.26 Acres
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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. Seller will put on new roof on manufactured home prior to closing with accepted offer. 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!

Property Details

Price:
$256,500
MLS #:
G5083016
Status:
Active
Beds:
6
Baths:
3
Address:
11301 CROSSEN STREET
Type:
Multi Family
Subtype:
Duplex
Subdivision:
WENTZELS SUB
Neighborhood:
34788 – Leesburg / Haines Creek
City:
LEESBURG
Listed Date:
Jun 10, 2024
State:
FL
Finished Sq Ft:
2,739
Total Sq Ft:
2,739
ZIP:
34788
Lot Size:
11,180 sqft / 0.26 acres (approx)
Year Built:
1975
Units:
2
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Schools

Interior

Appliances
Range, Refrigerator
Cooling
Central Air, Mini- Split Unit(s), Wall/ Window Unit(s)
Flooring
Laminate, Tile
Heating
Central
Laundry Features
Laundry Room, Other, Washer Hookup

Exterior

Construction Materials
Metal Siding, Vinyl Siding, Wood Frame
Exterior Features
Private Mailbox, Rain Gutters
Parking Features
Covered, Other
Roof
Metal

Financial

Tax Year
2023
Taxes
$1,829

Map

Community

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11301 CROSSEN STREET
LEESBURG, FL