426 E CITRUS AVENUE, Eustis, FL, 32726
4 beds
1925
2,304 sqft
ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING, PLUS (4) STORAGE RENTAL UNITS FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.16% CAP Rate with Additional Revenue Potential. This "TURNKEY" investment opportunity is 100% Occupied and All Tenants are on Annual Leases. No "HOA". City of Eustis water & sewer. Unit Profile: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch. (2) Dedicated Parking Spaces. All units were fully remodeled and updated in 2019. The property also includes a detached (4-unit) rental storage building with roll-up doors that generates $500.00 in monthly income. The property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. PLEASE DO NOT ENGAGE OR DISTURB TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Agent. ALSO, the Quad-Plex next door is also listed for sale (422 E. Citrus Ave.), see MLS#G5108332.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
None
Units:
4
Subdivision:
EUSTIS
Garage:
4-car Assigned, Ground Level, Guest, Open
Heating:
Central, Electric
Cooling:
Mini-Split Unit(s)
Lot Size:
60 x 234
Acreage:
0.32
Est. Taxes:
$3,645
Construction
Stucco, Wood Frame
Utilities
BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
Lot Description:
City Lot, Landscaped, Level, Oversized Lot, Sidewalk
Elementary School:
Eustis Elem
Middle School:
Eustis Middle
High School:
Eustis High School
Days on Market:
25
Pet Policy:
Breed Restrictions, Number Limit, Size Limit, Yes
Appliances:
Electric Water Heater, Range, Range Hood, Refrigerator
Lease Term Type:
12 Months
Min Lease Term:
No Minimum
MLS #:
G5107267
Community Info
School Info
Walk Score
Yelp
Listing courtesy of ROCK SPRINGS REALTY, LLC 877-333-2811