422 E Citrus Avenue, Eustis, FL 32726
- $469,900
- 5
- BD
- 4
- BA
- 2,841
- SqFt
- List Price
- $469,900
- Price Change
- ▼ $20,100 1788910789
- MLS#
- G5108016
- Type
- Multifamily
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,841
- Lot Size
- 12,749
- Subdivision
- Eustis
- Year Built
- 1884
Property Description
"NEW PRICE"- 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 7.03% 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.
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Additional Information
- Community Features
- Sidewalks, Street Lights, No Deed Restriction
- Annual Gross
- 47220
- Style
- Quadruplex
- Interior
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Interior Features
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Appliances
- Electric Water Heater, Range, Range Hood, Refrigerator
- Exterior Construction
- Frame
- Exterior
- Lighting, Sidewalk
- Roof
- Metal, Shingle
- High School
- Eustis High School
- Middle School
- Eustis Middle
- Elementary School
- Eustis Elem
- Extra Rooms
- Attic, Family Room
- Located Near
- City Limits, Level, Near Public Transit, Sidewalk, Paved
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
- Garage
- Guest, Reserved
- Floor
- Carpet, Ceramic Tile, Laminate, Wood
- Heating
- Central, Electric
- Cooling
- Mini-Split Unit(s)
- Pool Type
- No Pool
Listing courtesy of ROCK SPRINGS REALTY, LLC.
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