1. Florida
2. Leesburg
3. 1105-1111 JOHNSON STREET

1105-1111 JOHNSON STREET, Leesburg, FL 34748

• 5,071 sqft

Property Description

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.

Listing Status:

Pending

Date Added:

May 30, 2025 at 05:00AM

Listing Office:

CARLINO REAL ESTATE GROUP INC : 352-326-2662

Listing Agent:

Karen LaMantia : 352-552-3118

MLS ID:

G5097618

Interior

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Karen LaMantia, CARLINO REAL ESTATE GROUP INC