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422 S 9th Street, Leesburg, Florida 34748

  • $500,000
  • $525,000
422 S 9TH STREET, Leesburg, FL 34748
Hold
422 S 9th Street, Leesburg, Florida 34748
422 S 9TH STREET, Leesburg, FL 34748
  • $500,000
  • $525,000

Overview

Property ID: HZO6151530
  • Duplex, Residential Income
  • Property Type
  • 3830
  • Sqft
  • 1925
  • Year Built

Description

*PRICE REDUCED $25, 000* ADDITIONAL $25, 000 DISCOUNT FOR CASH PURCHASE* ADULT FAMILY CARE HOME (AFCH) OPPORTUNITY with a 4/4 main home plus a 2/1 rental separate apartment. POTENTIAL MONTHLY INCOME OF $16, 350 renting 3 bedrooms in main home, having 1 for the caretaker and the apartment income! An AFCH offers up to 5 residents the ability to live more independently or those with developmental disabilities that extra care they need but not the full care of an ASSISTED LIVING FACILITIES (ALF). ALF operating requirements are stringent, invasive to the owner/operator, time-consuming to get started, etc. while an AFCU has few. AFCH’s do not require a fire sprinklers, handicapped bath, ramp, additional staff except a relief person over 18, surprise inspections, FEIN, occupational license and more. Additional information on operating an AFCH is included. AFCH’s do not have to be handicapped accessible but this fully renovated 1925 Craftsman 2222sq.ft. home has a ramp to double French doors, 32” doorways and 3 baths with showers low curbs for easy step in. City of Leesburg said with R-2 zoning the buyer only needs to be licensed by the health department, have a fire safety inspection, and a review and sign off by the planning dept. to operate a 5 bed or less AFCH. As an AFCH the intimate setting offers residents the feeling of living in a real home and not a sterile facility. The main home has wide wraparound porches providing residents with the opportunity to enjoy the beautiful outdoors, play games or read a book and a side deck for BBQ’s. The recently updated oversized opened kitchen with stainless appliances and granite counters overlooks the spacious dining room. The expansive grand room with fireplace is wonderful for gatherings and there is also a separate office. The 11’x15’ and 11’x14’ bedrooms fit 1 queen for a couple, or 2 twin beds fit perfectly for roommates, and each has a private ensuite with shower, the 11’x13’ bedroom is perfect for the caretaker and has a private ensuite with shower, and the 12’x12’ room accommodates a queen bed for a single resident and is next to the hall bath with a tub. Off the kitchen is a large laundry room with additional storage. The 2-bedroom 1 bath 546sq.ft. upstairs apartment features a large deck, privacy fenced yard and rents for $1250. Downstairs offers a carport, another laundry, and additional space for extra storage or a workshop. Between the 2 properties there is parking for 12+. Florida does not have state income tax so social security income and retirement accounts are not taxed so residents can enjoy more activities!! OR A GREAT LOCATION FOR 2 AIRBNB’s WITH A MAIN HOME THAT IS HANDICAP ACCESSIBLE, THIS IS IT. A rare find for an Airbnb. Or with numerous hospitals, the college and a bus stop just minutes away, finding healthcare providers or college students to INDIVIDUALLY RENT THE 6 TOTAL ROOMS should be easy! ENDLESS OPPORTUNITIES! AN AMAZING, UNIQUE OPPORTUNITY AT A CRAZY PRICE! Minutes to dog friendly Venetian Gardens Park, Lake Harris, aquatic center, marina, trails, splash pad, restrooms, close to the Villages and much more. Leesburg’s high quality of life, quaint shops and restaurants, bus system just minutes away and close to excellent health care providers is amazing. Buyer to verify information pertaining to approved use as an AFCH, or other usage, including necessary permits, licenses and all other requirements needed. For purchase as a residential home please see MLS # O6151838.

  • Address 422 S 9TH STREET
  • City Leesburg
  • State/county FL
  • Zip/Postal Code 34748
  • Country US

Details

Updated on February 20, 2024 at 3:31 pm
  • Property ID: HZO6151530
  • Price: $500,000
  • Property Size: 3830 Sqft
  • Land Area: 0.5 Acres
  • Year Built: 1925
  • Property Type: Duplex, Residential Income
  • Property Status: Hold

Additional details

  • Listing Terms: Cash, Conventional
  • Roof: Shingle
  • Utilities: Cable Available, Electricity Connected, Public
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump
  • Flooring: Carpet, Ceramic Tile, Laminate, Wood
  • County: Lake
  • Property Type: Residential Income
  • Parking: Other
  • Elementary School: Leesburg Elementary
  • Middle School: Oak Park Middle
  • High School: Leesburg High

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