Price Reduced 5.94%
Price History
$850,000
10/2/2023
$830,000
2/23/2024
$799,000
3/29/2024
$799,500
4/9/2024
205 S Grove STREET, Eustis, FL, 32726
8 beds
1924
4,066 sqft
MOTIVATED SELLER!! Potential monthly gross income of $10,500!! Cash Cow! Outstanding Investment Opportunity in Prime Location! This beautifully renovated 7 unit multifamily property is fully occupied and ready for a new owner. Located on a quiet street in the heart of Eustis, it offers an ideal setting close to major employers, top schools, shopping, dining and transportation. The property boasts a spacious 7 units that have been fully updated with modern finishes, appliances, fixtures and flooring. Units feature air conditioning, dishwashers and generous space. Financial highlights: 7 units 100% occupied Offered at an 8% cap rate This turnkey asset presents an excellent value-add or buy and hold opportunity in a market with strong demand and favorable demographics. Whether you're looking to add to your portfolio, break into multifamily investing, or 1031 exchange, this property merits your attention. Act quickly, it won't last! Please contact me for additional details or to schedule a showing. This is a rare chance to acquire a fully-leased property producing excellent cash flow in a superb location. Perfect for investors seeking stable returns.
Status:
Active
Type:
Multi-family
Units:
7
Subdivision:
EUSTIS
Heating:
None
Cooling:
Wall/Window Unit(s)
Lot Size:
79 x 242
Acreage:
0.4
Est. Taxes:
$3,562
Construction
Wood Frame
Utilities
Cable Available, Electricity Available, Water Available
Days on Market:
202
MLS #:
O6146514
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of COUNTRYWIDE REALTY PARTNERS LLC Phone: 407-401-8790