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Income-Generating Duplex Property

1118 TUSKEGEE STREET Leesburg, FL 34748

1118 TUSKEGEE STREET, Leesburg, FL, 34748
$199,900
Pending
For Sale
$199,900
Pending

Two-unit duplex in Leesburg, with both units currently occupied and producing combined rental income.

Property Size1,820 SF
Days on Market557

Property Features for 1118 TUSKEGEE STREET

General Information

Standard status
Pending
Size
1,820 SF
Property subtype
Multi Family

Building Details

Year Built
1959
Listing agency OLYMPUS EXECUTIVE REALTY INC
Listed by Bryan Nelson · License #3335913
Source Exitrealty
Added: Jan 11, 2025 Updated: Jul 22 at 2:31AM Checked: Jul 22 at 2:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OLYMPUS EXECUTIVE REALTY INC


Investment Insights

Based on property information with market context.

Two-unit duplex offering income-producing residential units, with both units currently occupied. Unit 1 is a 3-bedroom, 1-bath layout. Unit 2 is a 2-bedroom, 1-bath layout. The property is described as well-maintained, and the roof was replaced in 2021.

The duplex is located at 1118 Tuskegee Street in Leesburg, Florida. Public remarks note convenience to schools, shopping, dining, and transportation, supporting ongoing rental demand.

Per the provided information, Unit 1 is rented at $1,000 per month and Unit 2 is generating $1,000 per month, for a combined $2,000 per month in rental income. The listing is currently under contract and accepting backup offers.

Key Highlights

  • 2‑unit duplex in Leesburg built in 1959, with both units currently occupied
  • 2021 roof
  • Unit 1: 3 bed, 1 bath, currently rented for $1,000/month

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Hair Salon Bakery Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Computer & Electronic Repair Florist

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

FAQs

What type of property is this?
Duplex - Two-unit duplex in Leesburg, with both units currently occupied and producing combined rental income.
Where is this duplex located?
The property is located at 1118 TUSKEGEE STREET Leesburg, FL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 2‑unit duplex in Leesburg built in 1959, with both units currently occupied; 2021 roof; Unit 1: 3 bed, 1 bath, currently rented for $1,000/month
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