1105 Johnson St Leesburg, FL 34748
Estimated payment $4,905/month
Highlights
- 0.97 Acre Lot
- Ceiling Fan
- Heating Available
- No HOA
About This Home
Under contract-accepting backup offers. ACCEPTING BACK UP OFFERS This well-maintained, 8-unit income producing property is located in the historic downtown area of Leesburg, comprising two separate parcels (Alt keys # 1264821 and 1236720).
The first parcel, zoned C-3, includes three block duplexes built in 1958 , each with two bedrooms and one bathroom units. The second parcel is zoned R2, allowing for duplex and triplex uses, and currently includes a duplex with one 2-bedroom/1-bath unit and one 1-bedroom/1-bath unit, and a large lot that offers space for building additional units.
Recent updates include roof replacements on all units in 2021, a recent exterior paint job, new LVT flooring in some units, most units have easy-to-maintain Terrazzo flooring, and newer blown-in insulation. Each unit has individual water and electric meters, with tenants responsible for their utilities through the City of Leesburg utilities. Additional features include laundry hookups, covered entryways and a termite bond on the house.
Historically, this property has maintained full occupancy with consistent, long-term tenants who value the convenient location near downtown Leesburg's entertainment and dining venues, the Rails to Trails walking/bike path, Publix, schools, community theatre, and Beacon College.
The unique private off-street location, plenty of parking space/driveways for each unit, low maintenance, and potential adjacent development site sets this property apart and make it a great investment opportunity.
Listing Agent
CARLINO REAL ESTATE GROUP INC Brokerage Phone: 352-326-2662 License #3232591 Listed on: 05/30/2025
Co-Listing Agent
CARLINO REAL ESTATE GROUP INC Brokerage Phone: 352-326-2662 License #3402836
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,989
Year Built
- Built in 1958
Lot Details
- 0.97 Acre Lot
- Additional Parcels
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 5,071 Sq Ft Home
- Ceiling Fan
- Crawl Space
- Laundry Located Outside
Bedrooms and Bathrooms
- 15 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Legal Lot and Block 2 / 043
- Assessor Parcel Number 26-19-24-3900-043-00201
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 8 Units
- Leesburg Subdivision
Building Details
- 9 Separate Electric Meters
- 8 Separate Water Meters
- Gross Income $60,300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $827 | $44,494 | $20,539 | $23,955 |
| 2024 | $827 | $44,494 | $20,539 | $23,955 |
| 2023 | $827 | $43,742 | $20,539 | $23,203 |
| 2022 | $749 | $43,742 | $20,539 | $23,203 |
| 2021 | $663 | $35,946 | $0 | $0 |
| 2020 | $628 | $30,289 | $0 | $0 |
| 2019 | $614 | $30,289 | $0 | $0 |
| 2018 | $605 | $30,289 | $0 | $0 |
| 2017 | $579 | $28,721 | $0 | $0 |
| 2016 | $587 | $28,721 | $0 | $0 |
| 2015 | $597 | $28,417 | $0 | $0 |
| 2014 | $539 | $28,140 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2025 06/22/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $850,000 | -- | $168 / Sq Ft |
Source: Stellar MLS
MLS Number: G5097618
APN: 23-19-24-1700-000-00200
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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