Price Reduced 4.76%
Price History
$419,900
10/24/2025
$399,900
3/16/2026
1502 HIGH STREET, Leesburg, FL, 34748
0 beds
1910
10,883 sqft
Here is a chance to convert this nine-unit property into a cash-flowing, 10-unit multifamily residence. Located in Leesburg, a market with strong tenant demand and long-term growth, this property holds tremendous potential to address an undersupplied rental market and achieve significant returns. A complete renovation, estimated at $400,000, will be required to achieve its maximum potential. Repairs and upgrades will include reroofing, general system maintenance, cosmetic improvements, updated floor plans, and modern interiors. While this project will require significant work, it presents an opportunity for incredible returns, with an After-Repair Value (ARV) of $1,700,000. This property is a fantastic opportunity to provide value for tenants in a location where demand is strong. Don't miss out on this chance to create affordable and comfortable housing for 10 families. Contact your EquityPro Advisor today.
Status:
Active
Type:
Multi-family
Laundry Remarks:
None
Units:
9
Subdivision:
LEESBURG ARCHBELL SUB
Heating:
None
Cooling:
None
Lot Size:
140 x 199
Acreage:
0.64
Est. Taxes:
$3,357
Construction
Wood Frame
Utilities
Public
Days on Market:
130
MLS #:
O6355283
Community Info
School Info
Walk Score
Yelp
Listing courtesy of EQUITYPRO LLC 407-203-6860