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Home for Sale at 420 S Palmetto Street, Leesburg, FL 34748

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Leesburg, FL 34748
Listing# A4406346
Price: $580,000
Sq. Feet: 4992
Type: Residential Income
County: Lake
    Photo of home for sale at 420 PALMETTO STREET S, Leesburg FL
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Property Description:
Gardenview Apartments is a 100% occupied, two-story, 7 unit building constructed in 1965.The building is a total of 4,992 square feet on a 0.22 acre parcel. The building contains (6) 1 Bed/1 Bath apartment units (650 SF) and (1) 2 Bed/ 2Bath apartment (1050 SF). The construction type is concrete block. Each unit has Central AC, with a mix of tile, vinyl and carpet flooring. Gardenview is within walking distance of bustling downtown Leesburg, Beacon College, Leesburg Regional Medical Center, Venetian Gardens Park, bus lines and many other amenities. Recent Upgrades: New exterior paint, new bathroom & kitchen in Unit 7, new kitchen cabinets in Unit 3 and plumbing/electrical upgrades throughout the property. * Significantly below market rent and allowableSection 8 rents provides opportunity for upside.

Property Type:Residential Income
Property Subtype:Multi-Family
Listing Status:Pending
Subdivision:Leesburg Knotts
Year Built:1965
Construction Materials:Block
Square Feet:4992
Lot Square Feet:9685
Lot Dimension:49x165
Total Acreage:Up to 10,889 Sq. Ft.
Cooling:Central Air
Utilities:Cable Connected, Electricity Connected
Exterior Features:Other
Flooring:Carpet, Ceramic Tile
Listing Price:$580,000
Annual Taxes:$4,501
Tax Year:2017
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Data Last Updated: 04/26/2019, 10:36:23 AM


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