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$275,000
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Property Description
Income-Generating Duplex Opportunity - 2-Unit Property! Welcome to this fantastic duplex investment property, perfectly suited for seasoned investors or those looking to start building their rental portfolio. This well-maintained building offers two separate units, providing a great opportunity for steady rental income with room to improve on rent. Unit 1: A spacious 3-bedroom, 1-bathroom unit with a comfortable layout, perfect for families or roommates. Featuring ample natural light, functional living spaces, and reliable tenants, this unit is currently rented at $1,000/month. Unit 2: A cozy 2-bedroom, 1-bathroom unit ideal for smaller households or individuals. This unit also boasts thoughtful design and tenant appeal, and is currently generating $1,000/month in rental income. Both units are occupied, offering an immediate return on investment with $2,000/month in combined rental income. Whether you're looking to generate cash flow or live in one unit and rent the other, this property provides flexibility and opportunity. Conveniently located near schools, shopping, dining, and transportation, this property appeals to a wide range of renters, ensuring consistent occupancy. Don't miss this chance to own a stable, income-producing property-schedule your showing today!
Full Property Details
Full Property Details for 1118 Tuskegee St
General
- Price: $275,000
- Taxes: $1,503 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: G5090792
- Updated: 1/11/2025
- Added to Site: 25 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Sidewalk
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Subdivision: N/A
- Driving Directions: From 441 turn onto Griffin Rd, Turn left onto Tuskegee and home will be on left
Community
- Community Name: 34748 - Leesburg
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 1,820
- Sq. Ft. Source: Public Records
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,354
- Lot Size: 18354
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,503
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: S 57 FT OF N 781 FT OF W 322.5 FT OF E 645 FT OF NE 1/4 OF NW 1/4 ORB 5790 PG 357
- Flood Zone Info: X
- APN: 221924000200006100
- Property ID: 221924000200006100
Listed by Olympus Executive Realty Inc
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Schools
Schools serving 1118 Tuskegee St
School District:Lake County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1108 Griffin Rd, Leesburg, FL 34748 | PK-5 | 0.9 mi | |
1200 Beecher St, Leesburg, FL 34748 | 6-8 | 0.2 mi | |
1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1118 Tuskegee St
Date
Details
Price
Change
Source
1/10/2025
Listed
$275,000
48.65%
MLS
8/30/2021
Sold
$185,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1118 Tuskegee St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,503
10%
$76,429
14%
2023
$1,370
60%
$66,871
45%
2021
$857
-26%
$46,253
-21%
2022
$1,162
36%
$58,612
73%
2021
$857
18%
$33,816
—
2018
$727
8%
$33,816
10%
2017
$676
-1%
$30,857
—
2016
$684
-1%
$30,857
2%
2015
$691
21%
$30,359
2%
2014
$573
-22%
$29,906
-12%
2019
$736
37%
$33,816
15%
2013
$539
—
$29,317
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1118 Tuskegee St
1118 Tuskegee Street, Leesburg, FL 34748 (MLS# G5090792) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1118 Tuskegee Street is currently listed for $275,000 and was received on January 10, 2025. Want to learn more about 1118 Tuskegee Street? Do you have questions about finding other Duplex real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.