420 S PALMETTO STREET, LEESBURG, FL 34748
SOLD PRICE: (?)
$525,000
Multi-Family Home 4,992 Square Feet Taxes: $4,501.00 Built in 1965 Type: Multi-Family MLS # A4406346
Property Photo

Description of 420 S PALMETTO STREET, LEESBURG, FL 34748

Gardenview Apartments is a 100% occupied,two-story, 7 unit building constructed in 1965.The building is a total of 4,992 square feet on a 0.22 acre parcel. The building contains (6) 1 Bed/1 Bath apartment units (650 SF) and (1) 2 Bed/ 2Bath apartment (1050 SF). The construction type is concrete block. Each unit has Central AC, with a mix of tile, vinyl and carpet flooring.Gardenview is within walking distance of bustling downtown Leesburg, Beacon College, Leesburg Regional Medical Center, Venetian Gardens Park,bus lines and many other amenities.Recent Upgrades: New exterior paint, new bathroom & kitchen in Unit 7, new kitchen cabinets in Unit 3 and plumbing/electrical upgrades throughout the property. * Significantly below market rent and allowable Section 8 rents provides opportunity for upside.

Directions to 420 S PALMETTO STREET, LEESBURG, FL 34748

Dixie and Palmetto St, just south of Downtown Leesburg

Features of 420 S PALMETTO STREET, LEESBURG, FL 34748

Heating/Cooling

  • Central air
  • Central heat

Exterior

  • Block exterior

Lot

  • Lot acreage is: 0.22
  • Lot dimension is: 49x165
  • Lot zoned: R-2
  • Subdivision: LEESBURG KNOTTS

Interior

  • Carpet
  • Ceramic tile flooring
  • Tile flooring

Construction

  • Total square feet: 4992.00
  • Units in building(s): 1

Other

  • Tax year: 2017