205 Fern Drive #A,C,D, LEESBURG, FL 34748

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205 Fern Drive #A,C,D,LEESBURG, FL 34748
$380,000
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  • 5 Beds
  • 3 Baths
  • 1,791 sq. ft.
  • Multi-family
  • Pending
Listed by:daniela patton
Office:exp realty llc.
MLS#:G5098401
Source:MFRMLS

Price summary

  • Price:$380,000
  • Price per sq. ft.:$206.97

About this home

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

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Home facts

  • Year built:1952
  • Listing Id #:G5098401
  • Added:34 day(s) ago
  • Updated:July 07, 2025 at 10:31 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Living area:1,791 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1952
  • Building area:1,791 sq. ft.
  • Lot area:0.74 Acres

Schools

  • High school:Leesburg High
  • Middle school:Oak Park Middle
  • Elementary school:Beverly Shores Elem

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$380,000
  • Price per sq. ft.:$206.97
  • Tax amount:$4,669 (2024)
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