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906, 908, 909, 910 Newman Drive
Leesburg, Florida FL 34748-4319
Price: $799,900
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Listing ID: G5056881
Status: Active
Bedrooms: 11 Bed
Total Baths: 6 Bath
SqFt: 5,610 Sq Ft
Acres: 1.120 Acres
Subdivision: Leesburg Bel Mar
Year Built: 1955

Income producing 4 home (5 unit) package in Leesburg. All homes here are adjacent to one another. 3 are traditional single family homes and one has been converted into a duplex. 906 Newman is a 3 bed 1 and a half bath home, 1,322 s.f. and is mostly tiled with a composite wood in the main living area. A bonus room along with an inside utility room / half bath is a bonus along with new roof in 2018 with nailing to updated code. 908 Newman is a 1,312 s.f, 2 bedroom 1 bath home, with a bonus room and mostly tiled. It has a large screened back porch, shed and open outbuilding. It has updated windows and has been stuccod in its recent past. 909 Newman is a 3 bedroom 1 bath, 1,547 s.f. and is mostly tiled with laminate wood in the main living area. 909 has a large side lot, past its fence line for extra parking, gardening, etc. A large back bonus room has been enclosed and is used as a second main living area. 910 Newman is a single family home with two separate units, on one main meter. Unit A is a 2/1, tiled throughout with its own laundry. Unit B, is a 1/1, tiled throughout and has a genuine bedroom and living room separate. Its bathroom shares its laundry. Landlord pays utilities on 910 only. Total income is approximately $48,500 for the year. Post expense is approximately $32,500. Tenants are long term tenants with grandfathered in rent-rates and longstanding relationships.

Primary Features

County: Lake
Property Sub Type: Duplex
Property Type: Residential Income
Subdivision: Leesburg Bel Mar
Year Built: 1955
Zoning: R-1

Interior

Building Area Units: Square Feet
Cooling Type: Central Air
Fireplace: no
Heating Type: Electric
Interior Features: Attic Fan, Ceiling Fans(s)
Living Area Meters: 521.19
Living Area Source: Owner
Living Area Units: Square Feet

External

Attached Garage: no
Carport: yes
Carport Spaces: 1
Construction Materials: Block
Exterior Features: Lighting
Foundation Details: Slab
Garage: no
Homestead: no
Lot Size SqFt: 48800
Lot Size Square Meters: 4534
Number Of Units Total: 5
Pool Private: no
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Total Acreage: 1 to less than 2
Total Number of Buildings: 4
Unit Count: 5
Utilities: Electricity Connected, Water Connected
Water Access: no
Water Extras: no
Water Source: Public
Water View: no
Waterfront: no

Location

Association: no
Association Approval Required: no
Community Development District: no
Country: US
Flood Zone Code: X
Flood Zone Panel: 12069C0309E
MLS Area Major: 34748 - Leesburg
Number Of Lots: 4
Township: 19

Financial

Annual Net Income: 35500.00
Available For Lease: yes
Current Price: 799900.00
Minimum Lease: No Minimum
Ownership: Fee Simple
Special Listing Conditions: None
Tax Annual Amount: 6518.41
Tax Book Number: 12-60
Tax Lot: 37
Tax Year: 2021
Tenant Pays: Electricity, Sewer, Water

Zoning Info


Listing information courtesy of Carlino Real Estate Group Inc.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Friday, October 7th, 2022 at 07:38:13 AM.
#IDX-primaryPhoto,#idx-details-header Listed by: Carlino Real Estate Group Inc 352-326-2662

Contact - Listing ID G5056881

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Carla Lord

108 E Ft King
Ocala, FL 34471
Phone: 3523906009
Phone Alt: 3522666181
Fax: 3523908263

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