LEESBURG, FL 34748 205 FERN DRIVE #A,C,D
$380,000
Pending
26 more
Presented By: EXP REALTY LLC with 888-883-8509. - 888-883-8509
Beds • 5
Baths • 3
SQFT • 1,791
Garage • 2
Home Details
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Turnkey multifamily investment in a primer location generating $46,800/year with potential to grow to over $60K annually! This well-maintained property on 0.79 acres includes three fully leased units: Unit A (2/1, 721 sq ft), Unit D (2/1, 584 sq ft), and Unit C (1/1, 486 sq ft). All units have been updated with new windows, interior/exterior paint, flooring, and fixtures. Major improvements include a 2019 roof replacement for all units, new well and pump, and updated septic systems: Unit A (8/2019), Unit D (7/2020), and Unit C (pumped and certified 9/2023). Tenants pay their own electric and cable. Each unit features separate electric meters, mailboxes, trash/recycle bins, and laundry hookups. Additional income potential from a 870 sq ft warehouse, 40' shipping container, and tandem garage—bringing projected gross income to $61,200/year. 4-point inspections completed and passed for all units. Low maintenance, strong cash flow, and leases in place through 2026. Don’t miss this income-producing opportunity—schedule your showing today!
Presented By: EXP REALTY LLC with 888-883-8509. - 888-883-8509
Interior Features for 205 FERN DRIVE #A,C,D
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths3
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringcarpet, laminate
Heating Y/NYes
Interior Amenitiesceiling fan(s), thermostat, window treatments
Laundry Featuresoutside
Window Featuresblinds
General for 205 FERN DRIVE #A,C,D
Additional Parcels Y/NNo
Appliancesrange, refrigerator
Attached Garage No
Building Area Unitssquare feet
Carport Y/NNo
Cityleesburg
Construction Materialsblock, wood frame
Coolingcentral air, wall/window unit(s)
Countylake
Directions441 north to left on fern drive (road runs nest to gator harley davidson), house will be on the right.
Elementary Schoolbeverly shores elem
Flood Zone Codex
Flood Zone Code XY
Garage Spaces2
Garage Y/NYes
Gross Income46800
HOANo
Heatingcentral, wall units / window unit
High Schoolleesburg high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionbeg at se cor of nw 1/4 of ne 1/4 run n 47.78 ft n 86-22-0 w 127.32 ft n 02-54-30 e 90.85 ft s 89-54-30 w 197.46 ft s 147 ft n 89-54-30 e 320 ft to pob--less rd r/w-- orb 4907 pg 24
Listing Termscash, conventional, va loan
Living Area Unitssquare feet
Lot Size Square Feet32234
Lot Size Unitssquare feet
MLS Area34748 - leesburg
Middle/Junior High Schooloak park middle
Minimum Leaseno minimum
ModificationTimestamp2025-06-23t20:07:50.903z
New ConstructionNo
Number Of Units Total3
Occupancy Typetenant
Ok to Lease12 months
Other Structuresstorage
Ownershipfee simple
Pets Allowedyes
Property Subtypetriplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerseptic tank
Standard Statuspending
Statuspending
Subdivision Nameacreage & unrec
Tax Annual Amount4668.85
Tax Lot0
Tax Year2024
Total Actual Rent3900
Unit Numbera, c, d
Utilitieselectricity connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1952
Zoningr-1
Exterior for 205 FERN DRIVE #A,C,D
Building Area Total1836
Covered Spaces2
Exterior Amenitiesoutbuilding, other, private mailbox
Foundation Detailscrawlspace, slab
Lot Dimensions91 x 197
Lot Size Acres0.74
Lot Size Area32234
Number of Buildings4
Private PoolNo
Road Surface Typepaved
SpaNo
Water Sourcewell
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Oak Park Middle
High School
Leesburg High
Elementary School
Beverly Shores Elem
Liliana Ceballos
Realtor
