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11445 Lockwood Street

Leesburg, FL 34788
  • $224,999
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: OM663724
Price Reduced
UPDATED: 67 min ago
$224,999
  • 2
    BEDS
  • 0.93
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 780
    SQFT
  • $288
    $/SQFT
Neighborhood:
Type:
Manufactured Home
Built:
1991
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investors, seize this golden opportunity to enhance your investment portfolio! This property, as is, has the potential to generate a remarkable 13.87% cap rate. This gem is located right next to Lake Eustis. The main double-wide mobile home offers a 2-bed, 2-bath layout on a sprawling 0.93-acre lot, with the potential to rent for $1,400 monthly. But that's not all " there's an additional 1-bed, 1-bath trailer on the property, currently generating a solid $1,200 per month in rental income. With a prime location just 5 minutes from Lake Square Mall and less than 10 minutes from Leesburg International Airport via Highway 441, convenience is at your doorstep.

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 2023-09-22T18:47:18.02.
www.suarezmiami.com/homes/142968133
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11445 Lockwood Street Leesburg, FL 34788

  • Price: $224,999
  • Status: Active
  • On Site: 21 Days
  • Updated: 67 min ago
  • MLS #: OM663724
2
Beds
2
Baths
0
½ Baths
0.93
Acres
780
SQFT
$288
$/SQFT
1991
Built
Neighborhood:
Acreage & Unrec Plats
County:
Lake
Area:
Leesburg / Haines Creek
Elementary School:
Treadway Elem
Middle School:
Tavares Middle
High School:
Tavares High
Property Description
Investors, seize this golden opportunity to enhance your investment portfolio! This property, as is, has the potential to generate a remarkable 13.87% cap rate. This gem is located right next to Lake Eustis. The main double-wide mobile home offers a 2-bed, 2-bath layout on a sprawling 0.93-acre lot, with the potential to rent for $1,400 monthly. But that's not all " there's an additional 1-bed, 1-bath trailer on the property, currently generating a solid $1,200 per month in rental income. With a prime location just 5 minutes from Lake Square Mall and less than 10 minutes from Leesburg International Airport via Highway 441, convenience is at your doorstep.
Exterior Features

Carport Yn No Construction Materials Vinyl Siding Covered Spaces 0 Direction Faces South Exterior Features LightingStorage Fencing Chain Link Foundation Details Crawlspace Lot Features Corner LotCity LotIn CountyLevelOversized Lot Mobile Body Type Double Wide Open Parking YN No Other Structures Storage Parking Features Driveway Patio And Porch Features Deck Pool Private Yn No Road Surface Type AsphaltPaved Roof Metal Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances CooktopDryerElectric Water HeaterMicrowaveRangeRange HoodRefrigeratorWasher Building Area Total 780 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Carpet Heating CentralElectric Heating YN Yes Interior Features Ceiling Fans(S)High Ceiling(S)Kitchen/Family Room ComboOpen FloorplanSolid Surface CountersThermostatWalk-In Closet(S) Levels One Room Count 3 Rooms Living Room Master Bedroom Kitchen Sewer Septic Tank Water Source Public Window Features Shades

Property Features

Association Yn No Cdd Yn No Flood Zone Code X Garage Yn No Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalUsda LoanVa Loan Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Manufactured Home - Post 1977 Realtor Info As-Is Security Features Fire Alarm Senior Community Yn No Special Listing Conditions None Tax Annual Amount 352 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedPublicWater Connected


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Gailey Enterprises Real Estate: 770-733-2596.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 2023-09-22T18:47:18.02.
 
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