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2142 S Gleneagle Terrace Lecanto, FL 34461

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For Sale
$499,000

MULTI_FAMILY - Other - Lecanto, FL

Property size:
3,556 SF
Lot size:
0.46 Acres
Added:
Aug 28, 2025
Days on Market:
217
Last Refresh:
Apr 1 at 9:06 am

Property Features for 2142 S Gleneagle Terrace

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
PSO
Parking features
Driveway
Interior features
FirstFloorEntry
Exterior features
Landscaping, ConcreteDriveway
Appliances
Dishwasher, ElectricOven, ElectricRange, MicrowaveHoodFan, Microwave, Refrigerator
Standard status
Active
APN
3522468
Size
3,556 SF
Lot size
0.46 Acres

Taxes and HOA fees

TaxYear
2024
TaxDescription
GIGURE SUBDIVISION PB 19 PG 131 PARCEL "A".
TaxAnnualAmount
6494

Utilities

Sewer type
Septic Tank
Heating system
Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air, Electric

Building Details

Year built
2018
Floors in Building
1
Number of units
4
Flooring type
Vinyl
Building materials
Stucco
Roof type
Shingle, Asphalt
Architectural style
Other

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Listing Contact
Marguerite A Budnick
Marguerite A Budnick

Listing agent Marguerite A Budnick License #561554

Listing office Castro Realty & Property Manag 333 N Croft Ave, Inverness, FL

Listing date Aug 28, 2025

MLS# 847414

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lecanto Multifamily Investment Opportunity

Available are duplex units constructed in 2018, offered either as a single set for $499,000 or two sets for $998,000. Each unit features 3 bedrooms, 2 bathrooms, and a 2-car garage, with a living space of 1700 square feet. Interior features include granite countertops, soft-close cabinets, stainless steel appliances (range, refrigerator, microwave, and dishwasher), and luxury vinyl plank flooring. The property maintains a 100% occupancy rate, with rental incomes of $1550 per month for two units, $1600 per month for one unit, and $1650 per month for another. Most tenants have resided in the units for over five years, with minimal vacancy periods since the property's inception. The ongoing expenses include mortgage payments and lawn care. Water services are managed by the owner but paid for by the tenants. The property, situated on a 0.46-acre lot, presents an opportunity for either owner-occupancy with rental income or continued full rental operation. The property size is 3556 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Building Supply Gym & Fitness Center Kitchen & Bath Showroom Storage Facility Garden Center Bakery Travel Agency Home Appliance Store Pet Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lecanto
County
Citrus
State
Florida
Longitude
-82.521186
Latitude
28.830933

FAQs

What type of property is this?
Duplex - 2018 duplex units with 100% occupancy.
Where is this duplex located?
The property is located at 2142 S Gleneagle Terrace Lecanto, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 100% Occupancy Rate with strong rental income: Current leases generate $1550-$1650/month per unit.; Large Units: Each unit boasts 3 bedrooms, 2 baths, 2‑car garage, and 1700 sq ft of living space.; Low Maintenance: Property has a history of low repairs and minimal vacancy.
More about this property
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