Leesburg, FL 34748,420 S PALMETTO ST
Leesburg, FL 34748,420 S PALMETTO ST
Leesburg, FL 34748,420 S PALMETTO ST
3
$525,000
$580,000
9.5%
Est.Price: ?

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4,992 SqFt

420 S PALMETTO ST Leesburg, FL 34748

Est. payment /mo
SOLD DATE : 05/01/2019

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Key Details

Sold Price $525,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,992 sqft

Price per Sqft $105

Subdivision Leesburg Knotts

MLS Listing ID A4406346

Sold Date 05/01/19

Construction Status No Contingency

HOA Y/N No

Year Built 1965

Annual Tax Amount $4,501

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 49x165

Property Description

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.

Location

State FL

County Lake

Community Leesburg Knotts

Zoning R-2

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Fireplace false

Exterior

Exterior Feature Other

Utilities Available Cable Connected, Electricity Connected

Garage false

Private Pool No

Building

Entry Level One

Lot Size Range Up to 10,889 Sq. Ft.

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status No Contingency

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by FLATFEE.COM
Bought with NON-MFRMLS OFFICE

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Mel Zuberi

Agent | License ID: FL3510570 AL161512

+1(727) 497-7786

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