Lecanto Multifamily Investment
2142 S Gleneagle Terrace, Lecanto, FL 34461
MULTI_FAMILY - Other - Lecanto, FL
Property size:
3,556 SFLot size:
0.46 AcresPrice / SF:
$140/SF- Added:
- Aug 28, 2025
- Days on Market:
- 260
- Last Refresh:
- May 14 at 7:06 pm
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
- Tax Year
- 2024
- Tax Description
- GIGURE SUBDIVISION PB 19 PG 131 PARCEL "A".
- Tax Annual Amount
- 6494
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central, Heat Pump (Heating)
- Cooling system
- Electric, Central Air
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
Listing agent Marguerite A Budnick License #561554 (352) 228-0876
Listing office Castro Realty & Property Manag 333 N Croft Ave, Inverness, FL (352) 228-0876
Listing date Aug 28, 2025
MLS# 847414
Listing URL
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.
HighLights
- 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.
- Modern Construction: Built in 2018, the duplex features desirable finishes.
- Desirable Features: Granite countertops, soft‑close cabinets, stainless steel appliances, and luxury vinyl plank flooring.
- Long‑Term Tenants: Majority of tenants have been in place for 5+ years.
Overview
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
Location Insight
- Map
- Local Demand
- City
- Lecanto
- County
- Citrus
- State
- Florida
- Longitude
- -82.521186
- Latitude
- 28.830933
Nearby Similar for Sale
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.
