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$365,000

  • Sold
  • Closed
  • Triplex
  • 5 Beds
  • 3 Total Baths
  • 1,791 Sq. Ft.
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One or more photo(s) has been virtually staged. Turnkey multifamily investment in a primer location generating $46,800/year with potential to grow to over $60K annually! This well-maintained property on 0.79 acres includes three fully leased units: Unit A (2/1, 721 sq ft), Unit D (2/1, 584 sq ft), and Unit C (1/1, 486 sq ft). All units have been updated with new windows, interior/exterior paint, flooring, and fixtures. Major improvements include a 2019 roof replacement for all units, new well and pump, and updated septic systems: Unit A (8/2019), Unit D (7/2020), and Unit C (pumped and certified 9/2023). Tenants pay their own electric and cable. Each unit features separate electric meters, mailboxes, trash/recycle bins, and laundry hookups. Additional income potential from a 870 sq ft warehouse, 40' shipping container, and tandem garage-bringing projected gross income to $61,200/year. 4-point inspections completed and passed for all units. Low maintenance, strong cash flow, and leases in place through 2026. Don't miss this income-producing opportunity-schedule your showing today!

Full Property Details for 205 Fern Dr #A,C,D

General

  • Sold For: $365,000
  • Taxes: $4,668 (2024)
  • Status: Closed
  • Type: Triplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5098401
  • Added to Site: 214 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months
  • Min. Lease: No Minimum

Interior

  • Interior Features: Ceiling Fan(s), Thermostat, Window Treatments
  • Appliances: Range, Refrigerator
  • Flooring: Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Outside

Exterior

  • Exterior Features: Outbuilding, Other, Private Mailbox

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 34748 - Leesburg
  • County: Lake
  • Development Name: 34748 - Leesburg
  • Subdivision: ACREAGE & UNREC
  • Driving Directions: 441 North to left on Fern Drive (road runs nest to Gator Harley Davidson), house will be on the right.

School Information

  • Elementary School: Beverly Shores Elem
  • Middle School: Oak Park Middle
  • High School: Leesburg High

Community

  • Community Name: 34748 - Leesburg

Heating & Cooling

  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Wall Units / Window Unit

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Utility Description: Electricity Connected

Structural Information

  • # Buildings: 4
  • Exterior Const.: Block, Wood Frame
  • Roof: Shingle
  • Windows: Blinds
  • Square Feet: 1,791
  • Sq. Ft. Source: Public Records
  • Living Area: 1,791 Sq. Ft.
  • Year Built: 1952

Additional Structures

  • Other Structures: Storage

Lot Features

  • Lot Size (Acres): 0.74
  • Lot Size (Sq. Ft.): 32,234
  • Lot Size: 32234
  • Lot Dimensions: 91 x 197
  • Street/Road Desc.: Paved

Financial Considerations

  • Assoc Fee Desc.: None
  • Tax Amount: $4,668.85
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: BEG AT SE COR OF NW 1/4 OF NE 1/4 RUN N 47.78 FT N 86-22-0 W 127.32 FT N 02-54-30 E 90.85 FT S 89-54-30 W 197.46 FT S 147 FT N 89-54-30 E 320 FT TO POB--LESS RD R/W-- ORB 4907 PG 24
  • Flood Zone Info: X
  • APN: 301925000100000500
  • Property ID: 301925000100000500

Listed by Exp Realty Llc
Sold by Creegan Group

Listing agent

— 205 Fern Dr #A,C,D —

  • Exp Realty Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 205 Fern Dr #A,C,D

School District:Lake County School District
NameGradesDistance
Beverly Shores Elementary School
1108 Griffin Road, Leesburg, FL 34748
PK-52.6 mi
Oak Park Middle School
2101 South Street, Leesburg, FL 34748
6-83.2 mi
Leesburg High School
1401 Yellow Jacket Way, Leesburg, FL 34748
9-122.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 205 Fern Dr #A,C,D

Date
Details
Price
Change
Source
8/01/2025
Sold
$365,000
-3.95%
MLS
6/18/2025
Listed
$380,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Exp Realty Llc
Sold by Creegan Group

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205 Fern Drive #A,C,D, Leesburg, FL 34748 (MLS# G5098401) is a Triplex property that was sold at $365,000 on August 01, 2025. Want to learn more about 205 Fern Drive #A,C,D? Do you have questions about finding other Triplex real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.