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Sold for $285,000 on 02/29/24
  • $285,000

    1611 Indian Trl, Leesburg, FL 34748

    5beds
    1,800sqft
    Single Family Residence
    Built in 1945
    0.32 Acres Lot
    $276,800 Zestimate®
    $158/sqft
    $2,582 Estimated rent

    What's special

    CASH COW ALERT! This property features 3 separate rental units. This first unit consists of 3 Bedrooms, 1 bathroom and is currently being rented for $2000/month. The second unit is 2 bedrooms, 1 bathroom and is currently being rented for $1400/month. The third unit is a studio pool house with kitchen and bath, and is rented for $1515/month. This investment is currently producing a 12% cap rate; well above the average 5% cap rate in Central Florida. It is located within easy access to major highways and major attractions. Don't miss this opportunity to own this unique property for only $290,000! Serious investors only. POF or Pre-Approval required prior to showing as it is FULLY OCCUPIED and don't want to bother tenants without serious interest. Showing by appointment only. Do not disturb tenants.

    Zillow last checked: 7 hours ago

    Listing updated: February 29, 2024 at 05:18pm

    Listing Provided by:

    James Tucker 407-219-7089,

    OPTIMA ONE REALTY, INC. 352-243-6784

    Bought with:

    Linda Jasmin Waugh, 3576293

    DOWN HOME REALTY, LLLP

    Source: Stellar MLS,MLS#: G5077658MLS LogoOriginating MLS: Lake and Sumter

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Washer
    • Laundry: Inside
    Features
    • Primary Bedroom Main Floor
    • Flooring: Carpet, Concrete, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,800
    • Total interior livable area: 1,800 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting
    • Has private pool: Yes
    • Pool features: In Ground
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 151924010000700100
    • Zoning: RM
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Leesburg
    • Subdivision: INDIAN HILL

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $276,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $276,800