1118 Tuskegee Street

Leesburg, FL 34748

$275,000
Price
Beds
1,820 Sq. Ft.
$151 / Sq. Ft.
1,820
Sq. Ft.
$151
per Sq. Ft.

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
...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!
  1. Listed by Bryan Nelson • OLYMPUS EXECUTIVE REALTY INC
    P: (407)-780-8787 C: (407)-780-8787 bryan@movehometeam.com
  2. Listed by Chad Williams • OLYMPUS EXECUTIVE REALTY INC
    P: (352)-272-8282 C: (352)-272-8282 Chad@movehometeam.com

Property Details for 1118 Tuskegee Street

Subdivision Name
N/A
Township
19
Waterfront
No
LISTING UPDATED: 01/11/2025 06:56 AM

Property Details for 1118 Tuskegee Street

StatusActive
MLS #G5090792
Days on Market1
Taxes$1,503 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1959
Lot Size0.42 AC / 18,354 SF
CountyLake County

Building Information for 1118 Tuskegee Street

Stories-Residences2Year Built1959Building Size-Lot Size0.42 AC / 18,354 SF

Property Information for 1118 Tuskegee Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1964.0
  • Building Area Units: Square Feet
  • Directions: From 441 turn onto Griffin Rd, Turn left onto Tuskegee and home will be on left
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1118
  • Street Name: Tuskegee
  • Street Suffix: STREET
  • State: FL
  • City: LEESBURG
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 000
  • Tax Book Number: 0
  • Tax 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
  • Tax Lot: na
  • Tax Year: 2024
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 221924000200006100
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2
  • Living Area: 1820
Property and Assessments
  • Year Built Numeric: 1959
  • Flood Zone Code: X
  • Flood Zone Date: 12-18-2012
  • Flood Zone Panel: 12069C0309E
  • New Construction: No
  • Public Survey Range: 24
  • Public Survey Section: 22
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $24,000.00
  • Gross Income: $24,000
  • Unit Count: 2
Rental
Rental Information
  • Total Actual Rent: $1,000

Property History for 1118 Tuskegee Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1118 Tuskegee Street

Taxable ValueLand$37,162Additions$39,267Total$76,429
Tax Record2024$1,503 ($125 / month)
Home Facts
Baths2Total Finished SqFt1,820 SqFtAbove Grade Finished SqFt1,820 SqFtStories1Lot Size18,354 SqFtStyleDuplexYear Built1959Year Renovated1994CountyLAKEAPN22-19-24-0002-000-06100

Schools near 1118 Tuskegee Street

This home is within Lake.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Beverly Shores Elementary School
PublicPK to 5

Carver Middle School
Public6 to 8

Leesburg High School
Public9 to 12

Lake Academy Leesburg
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1118 Tuskegee Street is a multi-family home for sale in Leesburg, FL 34748. This property was listed for sale on January 10, 2025 by OLYMPUS EXECUTIVE REALTY INC, it's currently listed at $275,000. It has been on the market for a total of 1 days and was last sold on August 30, 2021. This listing's school district is Lake. Nearby schools include Beverly Shores Elementary School, Carver Middle School and Leesburg High School. 1118 Tuskegee Street is a 0-bed, 0-bath, 1,820 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of OLYMPUS EXECUTIVE REALTY INC, Bryan Nelson; OLYMPUS EXECUTIVE REALTY INC, Chad Williams

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/11/2025 06:56 AM