FL > Leesburg > Acreage & Unrec
Leesburg, FL 34748,205 FERN DR #A,C,D
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Leesburg, FL 34748,205 FERN DR #A,C,D
Leesburg, FL 34748,205 FERN DR #A,C,D
Leesburg, FL 34748,205 FERN DR #A,C,D
Leesburg, FL 34748,205 FERN DR #A,C,D
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Eric English

Eric English

+1(352) 308-7111
$ 380,000
Est. payment /mo
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205 FERN DR #A, C, D Leesburg, FL 34748

5 Beds

3 Baths

1,791 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,791 sqft

Price per Sqft $212

Subdivision Acreage & Unrec

MLS Listing ID G5098401

Bedrooms 5

HOA Y/N No

Year Built 1952

Annual Tax Amount $4,668

Lot Size 0.740 Acres

Acres 0.74

Lot Dimensions 91x197

Property Sub-Type Triplex

Source Stellar MLS

Property Description

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!

Location

State FL

County Lake

Community Acreage & Unrec

Area 34748 - Leesburg

Zoning R-1

Interior

Interior Features Ceiling Fans(s), Thermostat, Window Treatments

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplace false

Appliance Range, Refrigerator

Laundry Outside

Exterior

Exterior Feature Outbuildings, Other, Private Mailbox

Garage Spaces 2.0

Utilities Available Electricity Connected

Roof Type Shingle

Attached Garage false

Garage true

Private Pool No

Building

Foundation Crawlspace, Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Well

Structure Type Block,Frame

New Construction false

Schools

Elementary Schools Beverly Shores Elem

Middle Schools Oak Park Middle

High Schools Leesburg High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by EXP REALTY LLC
agent

Eric English

Advisor | License ID: SL3493985

+1(352) 308-7111

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205 FERN DR #A,C,D