11301 Crossen Street

Leesburg, FL 34788

$249,000
Price
6
Beds
2,499 Sq. Ft.
$100 / Sq. Ft.
2,499
Sq. Ft.
$100
per Sq. Ft.

Description

Cash flow! Cash flow! Cash flow! This unique property has tenants in place and making $3,000 a month! Discover an exceptional investment opportunity with this unique property offering endless possibilities and instant income potential. Featuring two distinct units for the price of one, this property is perfect for investors seeking a versatile and lucrative addition to their portfolio. The first unit is a classic 1975 manufactured home boasting 1149 sq ft of comfortable living space, including 3...Cash flow! Cash flow! Cash flow! This unique property has tenants in place and making $3,000 a month! Discover an exceptional investment opportunity with this unique property offering endless possibilities and instant income potential. Featuring two distinct units for the price of one, this property is perfect for investors seeking a versatile and lucrative addition to their portfolio. The first unit is a classic 1975 manufactured home boasting 1149 sq ft of comfortable living space, including 3 bedrooms, 2 bathrooms, and a convenient covered carport. The second unit, a wood-framed engineered addition, has been completely remodeled to provide modern, flexible living space. This unit currently features 1 bedroom and 1 bathroom but offers the potential to be converted into a 3-bedroom home, with additional rooms that can be utilized as bedrooms despite not having built-in closets. Spread across nearly 1400 sq ft, the open living space is enhanced by laminate wood flooring throughout, a kitchenette equipped with a brand-new refrigerator and stove top, a new hot water tank, and a ventless A/C unit. The remodeled bathroom includes a shower/tub combo and a washer/dryer hookup, adding to the unit's appeal. Improvements made since ownership include: new a/c unit in manufactured home, mini split a/c in back unit, privacy fence, gutters, french drain, electrical, hot water tank, plumbing, drywall/paint and more. But wait, there's more! This property is also on the water, offering canal frontage right in your backyard that leads to the Chain of Lakes leading to Lake Eustis, complete with a boat slip perfect for a kayak or john boat. No HOA fees here! The carport provides parking and there's additional parking on the property. Located just minutes from shopping, restaurants, and entertainment, this property is in a prime location. Generate rental income from both units! This property offers unmatched flexibility and immediate income opportunities. Don't miss out on this incredible investment property – schedule a showing today and explore the potential it holds!
  1. Listed by Kim Ducharme-Levensohn • MORRIS REALTY AND INVESTMENTS

Property Details for 11301 Crossen Street

Subdivision Name
WENTZELS SUB
Township
19S
Carport Spaces
2
View
Trees/Woods, Water
Waterfront
Yes
Water View
Canal, Lake - Chain of Lakes
LISTING UPDATED: 10/01/2024 12:32 PM

Property Details for 11301 Crossen Street

StatusActive
MLS #G5083016
Days on Market148
Taxes$1,829 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1975
Lot Size0.26 AC / 11,180 SF
CountyLake County

Building Information for 11301 Crossen Street

Stories-Residences2Year Built1975Building Size-Lot Size0.26 AC / 11,180 SF

Property Information for 11301 Crossen Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2739.0
  • Building Area Units: Square Feet
  • Directions: Hwy 19 to 441 to 473 turn right on Crossen St.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 11301
  • Street Name: CROSSEN
  • Street Suffix: STREET
  • State: FL
  • City: LEESBURG
Parking
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
  • Parking Features: Covered, Other
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 000
  • Tax Book Number: 16-14
  • Tax Legal Description: FROM INTERSECTION OF E LINE OF HAINES CREEK RD & N LINE OF CROSSEN ST RUN E 305 FT SE'LY ALONG CROSSEN ST 804.7 FT FOR POB TURN LEFT 90DEG RUN TO CANAL BEG AGAIN AT POB RUN SE'LY 65 FT TURN LEFT 90DEG RUN TO CANAL W'LY ALONG CANAL TO INTERSECT FIRST LINE--LESS CROSSEN ST-- ORB 5937 PG 646
  • Tax Lot: 08800
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In City Limits, In County, Landscaped, Street Dead-End, Street Paved
  • Lot Size Dimensions: 65x172
  • Parcel Number: 24-19-25-0003-000-08800
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: Canal - Freshwater, Lake - Chain of Lakes
  • Water Access: Yes
  • Water Body Name: LAKE EUSTIS
  • Water Extras: Boat Ramp - Private
  • Water Extras: Yes
  • Water: Boat Ramp - Private
  • Zoning: R-6
  • Living Area: 2499
  • Lot Dimensions: 65x172
Property and Assessments
  • Year Built Numeric: 1975
  • Flood Zone Code: AE
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Public Survey Range: 25E
  • Public Survey Section: 24
Utilities
  • Sewer: Septic Tank
  • Utilities: Public, Street Lights
  • Water Source: Well
  • Num Electric Meters: 1.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Metal Siding, Vinyl Siding, Wood Frame
  • Exterior Features: Private Mailbox, Rain Gutters
  • Foundation Details: Crawlspace
  • Levels: One
  • Patio And Porch Features: None
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Features: Canal - Freshwater, Lake - Chain of Lakes
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 6
  • Additional Rooms: Bonus Room, Inside Utility
  • Appliances: Range, Refrigerator
  • Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
  • Laundry Features: Laundry Room, Other, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Net Income: $36,000.00
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Description 1: 1975 Manufactured home with carport
  • Unit Type Heated Sq Ft 1: 1149
  • Unit Type Number Of Units Occupied 1: 0
  • Unit Type Pro Forma 1: 1750
  • Unit Type Type 1: 3 Bed/2 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 3
  • Unit Type Description 2: Engineered Wood Addition
  • Unit Type Heated Sq Ft 2: 1350
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1750
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $1,750
  • Pets Allowed: Yes

Property History for 11301 Crossen 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 11301 Crossen Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,829 ($152 / month)
Home Facts
Baths2Total Finished SqFt2,499 SqFtAbove Grade Finished SqFt2,499 SqFtStories1Lot Size11,180 SqFtStyleMobile / Manufactured HomeYear Built1975Year Renovated1983CountyLAKEAPN24-19-25-0003-000-08800

Schools near 11301 Crossen Street

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

Tavares Middle School
Public6 to 8

Tavares High School
Public9 to 12

Nonschool Exceptional Education
PublicPK 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.

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11301 Crossen Street is a multi-family home for sale in Leesburg, FL 34788. This property was listed for sale on June 10, 2024 by MORRIS REALTY AND INVESTMENTS, it's currently listed at $249,000. It has been on the market for a total of 148 days and was last sold on April 8, 2022. This listing's school district is Lake. Nearby schools include Treadway Elementary School, Tavares Middle School and Tavares High School. 11301 Crossen Street is a 6-bed, 0-bath, 2,499 sqft multi-family home built in 1975.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MORRIS REALTY AND INVESTMENTS, Kim Ducharme-Levensohn

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: 10/01/2024 12:32 PM