PRICE: $405,000 ·
ARV: $1,900,000 ·
Units: 10 ·
Beds: 10 ·
Baths: 10 ·
Sqft: 10,883 ·
Lot Size: 0.64 Acres ·
Year Built: 1910 ·
Parking: Driveway ·
Taxes: $3,357 ·
High St, Leesburg, FL 34748
Comp: $1,900,000
Description
A rare 10-unit multifamily opportunity in the heart of Leesburg, FL, offering massive upside for investors seeking both scale and long-term returns 📈✨. Spanning 10,883 sqft on a 0.64-acre lot, this solid 1910-built property is ready for a complete transformation — from a 9-unit structure into a fully optimized 10-unit complex 🔨🏠. With a projected rehab of $400K and an impressive ARV of $1.1M, the numbers speak for themselves 💸🔥.
This property presents the perfect chance to revitalize and modernize a building in a market with strong rental demand and limited supply. Planned upgrades include a new roof, updated systems, refreshed layouts, and stylish interiors, creating desirable homes for 10 families 🛏️🏡💡. Whether you’re a seasoned investor or expanding your portfolio, this is a prime opportunity to build equity and generate consistent cash flow in one of Leesburg’s most promising areas 🌇💼.
Disclaimer:
Terms and conditions applicable to all transactions:
- Buyers must conduct their own due diligence.
- Properties are sold “AS-IS” without an inspection period.
- Buyer pays all closing costs.
- We sell assignable purchase contracts.
- No written or oral representations are made about the properties.
- A non-refundable earnest deposit is required.
- Proof of funds will be requested.
- We do not offer warranties on the property.
- We are not licensed contractors or appraisers.
- The seller holds an equitable interest in the property.
For properties under contract and for sale:
- Offers are cash or private money only.
- A minimum non-refundable deposit is required.
- Properties are sold “AS-IS” without contingencies.
- Buyers must conduct their own due diligence.
- Buyer pays all closing costs.
- Rehabilitation costs, taxes, and insurance are estimated.
- Open or expired permits are not a title defect.
We appreciate your loyalty and trust.