11136 Northern AVENUE, Leesburg, FL, 34788 | $120,000

INVESTOR SPECIAL ALERT! Welcome to this charming 2-bedroom, 1-bathroom, 920sf single-family home in the lovely Leesburg, FL. This property boasts an Ideal Opportunity for First-Time Homebuyers or Investors looking to expand their portfolios. With C-1 zoning, the possibilities for this property are vast—be sure to check with Lake County Zoning for full list of potential uses but they include small scale, free standing businesses and neighborhood commercial activities. Examples are small stores, beauty shops, professional and medical offices and more! The second bedroom, currently used as a living area, does not have a closet. While the home does not have central A/C, it includes a handicap ramp and a 12x10 storage shed. The backyard features lovely citrus trees and plenty of space on this Oversized Lot. Located close to shopping, dining, and medical facilities, this home is in a prime location. Whether you want to renovate, expand, start a business or start from scratch, this property offers endless potential. Don't miss this unique opportunity! CASH OR HARD MONEY ONLY, $10K non-refun. DEPOSIT, INSPECTIONS DONE PRIOR TO OFFER SUBMISSION. Buyer to verify all property details. Call to schedule your private showing today!

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 100 x 180
  • Laundry: Other
  • Style: Ranch
  • Year Built: 1950
  • Heating: Wall Units / Window Unit
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 920
  • Acreage: 0.41
  • Lot Size: 100 x 180
  • Est. Taxes: $670
  • Lot Desc: In County, Near Public Transit, Oversized Lot
  • Elem. School: Treadway Elem
  • Middle School: Tavares Middle
  • High School: Tavares High
  • Appliances: Range
  • MLS#: O6226493
  • Days on Market: 113 days
  • Website: https://www.raveis.com
    /prop/O6226493/11136northernavenue_leesburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 6:28:32 AM)
Listing courtesy of KATHERINE ALEXANDRA NGUYEN P.A.   Phone: 321-438-1318

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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11136 Northern AVENUE, Leesburg, FL, 34788

$120,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $96,000 $96,000 $96,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $56 $56 $56
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $639 $638 $823
Total Monthly Payment $770 $769 $954

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.