Share this with your friends
+13522666181
Ocala Homes and Farms Realty
1105-1111 Johnson Street, Leesburg, FL 34748
- $808,000
- 5,071
- SqFt
- Sold Price
- $808,000
- List Price
- $850,000
- Status
- Sold
- Days on Market
- 23
- Closing Date
- Dec 08, 2025
- MLS#
- G5097618
- Property Style
- Multi Family
- Year Built
- 1958
- Living Area
- 5,071
- Lot Size
- 42,351
- Acres
- 0.97
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Leesburg
- MLS Area Major
- Leesburg
Property Description
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.
Additional Information
- Taxes
- $4989
- Annual Gross Income
- 60300
- Community Features
- No Deed Restriction
- Zoning
- C-3
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Utilities
- Electricity Connected, Water Connected
- Heating
- Electric, Ductless
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block, Frame
- Exterior Features
- Lighting
- Roof
- Shingle
- Foundation
- Crawlspace, Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 26-19-24-3900-043-00201
- Legal Description
- LEESBURG, WEBSTER'S SUB LOT 2 PB 5 PG 51 ORB 1871 PG 1996 LEESBURG BEG 153 FT N OF SE COR LOT 2 BLK 43 RUN W 73.2 FT S 3 FT W 57.8 FT N 60 FT E 6 FT N 206.67 FT SE ALONG RR 129 FT S TO POB PB 2 PG 19 ORB 1871 PG 1996
Listing courtesy of CARLINO REAL ESTATE GROUP INC. 352-326-2662
Selling Office: DOWN HOME REALTY, LLLP.Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on