About 1105-1111 Johnson Street
Under contract-accepting backup offers. ACCEPTING BACK UP OFFERS This well-maintained, 8-unit income producing property is located in the historic downtown area of Leesburg, comprising two separate parcels (Alt keys # 1264821 and 1236720). The first parcel, zoned C-3, includes three block duplexes built in 1958 , each with two bedrooms and one bathroom units. The second parcel is zoned R2, allowing for duplex and triplex uses, and currently includes a duplex with one 2-bedroom/1-bath unit and one 1-bedroom/1-bath unit, and a large lot that offers space for building additional units. Recent updates include roof replacements on all units in 2021, a recent exterior paint job, new LVT flooring in some units, most units have easy-to-maintain Terrazzo flooring, and newer blown-in insulation. Each unit has individual water and electric meters, with tenants responsible for their utilities through the City of Leesburg utilities. Additional features include laundry hookups, covered entryways and a termite bond on the house. Historically, this property has maintained full occupancy with consistent, long-term tenants who value the convenient location near downtown Leesburg's entertainment and dining venues, the Rails to Trails walking/bike path, Publix, schools, community theatre, and Beacon College. The unique private off-street location, plenty of parking space/driveways for each unit, low maintenance, and potential adjacent development site sets this property apart and make it a great investment opportunity.
Features of 1105-1111 Johnson Street
| MLS® # | G5097618 |
|---|---|
| Price | $850,000 |
| Square Footage | 5,071 |
| Acres | 0.97 |
| Year Built | 1958 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Pending |
Listing Details
| Office | CARLINO REAL ESTATE GROUP INC |
|---|
Listing Map
Neighborhood Information for 1105-1111 Johnson Street
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Lake Montessori School Private - Preschool to 8Th Grade |
0 Miles | |
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First Academy-Leesburg Private - Kindergarten to 12Th Grade - Closest Elementry School |
0 Miles | |
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Saint Paul's Catholic School Catholic - Preschool to 8Th Grade - Closest Middle School |
0 Miles | |
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Leesburg High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
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Better Life Academy Private - Preschool to 12Th Grade |
1 Miles | |
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Lake Preparatory School Private - Preschool to 8Th Grade |
1 Miles | |
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Beverly Shores Elementary School Public - Kindergarten to 5Th Grade |
1 Miles |
School data provided by GreatSchools