422 E CITRUS AVENUE, Eustis, FL, 32726
5 beds
1884
2,841 sqft
ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.74% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. 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 per unit. All units are in good operating condition! 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 only. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
None
Units:
4
Subdivision:
EUSTIS
Garage:
Guest, Reserved
Heating:
Central, Electric
Cooling:
Mini-Split Unit(s)
Lot Size:
55 x 234
Acreage:
0.29
Est. Taxes:
$3,915
Construction
Wood Frame
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected
Lot Description:
City Lot, Level, Near Public Transit, Sidewalk
Elementary School:
Eustis Elem
Middle School:
Eustis Middle
High School:
Eustis High School
Days on Market:
17
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 #:
G5108016
Community Info
School Info
Walk Score
Yelp
Listing courtesy of ROCK SPRINGS REALTY, LLC 877-333-2811