1105-1111 Johnson Street, Leesburg, FL 34748
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by:karen lamantia
Office:carlino real estate group inc
MLS#:G5097618
Source:MFRMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$167.62
About this home
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.
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Home facts
- Year built:1958
- Listing ID #:G5097618
- Added:99 day(s) ago
- Updated:October 05, 2025 at 07:49 AM
Rooms and interior
- Living area:5,071 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless, Electric
Structure and exterior
- Roof:Shingle
- Year built:1958
- Building area:5,071 sq. ft.
- Lot area:0.97 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$167.62
- Tax amount:$4,989 (2024)
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