1610 HIGH ST Leesburg, FL 34748

Great corner lot triplex investment! Block and brick stucco exterior triplex with a metal roof installed in 2011. All units have 2 paved parking spaces, 2 bedrooms, 1 bathroom, a laundry room, and back door to the common backyard. Unit 1 has a long term tenant that has been there since 2000. Unit 1 pays $500 a month plus $40 a month for water. Unit 2 will be vacant by the end of March. Unit 2 rent is $550 a month plus $40 a month for water. Unit 3 pays $635 a month plus $20 a month for water. The kitchen in Unit 3 was remodeled in 2004 and includes ceramic tile throughout. Each unit has a separate electric meter. Annual gross income is $21,420. Annual expenses: Taxes $2,193.07, Water and Sewer $420, Lawn maintenance $1,430, Pest control $400. Net annual income based on current tenants is $16,971.93. Based on the property manager once unit 2 is empty, the unit could be leased for $650 a month with water fee added. Call today and grow your investment portfolio or have your tenants pay the mortgage!