426 E Citrus Avenue, Eustis, FL 32726

$469,900
4
BD
4
BA
2,304
SqFt

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List Price
$469,900
Price Change
▼ $20,100 1788910172
MLS#
G5107267
Type
Multifamily
Bedrooms
4
Bathrooms
4
Living Area
2,304
Lot Size
14,335
Subdivision
Eustis
Year Built
1925

Property Description

"NEW PRICE"- 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 6.82% 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.

Additional Information

Community Features
No Deed Restriction
Annual Gross
50100
Style
Quadruplex
Interior
Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Interior Features
Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Appliances
Electric Water Heater, Range, Range Hood, Refrigerator
Exterior Construction
Stucco, Frame
Exterior
Outbuildings, Awning(s), Lighting, Sidewalk, Storage
Roof
Membrane
High School
Eustis High School
Middle School
Eustis Middle
Elementary School
Eustis Elem
Extra Rooms
Bonus Room, Family Room
Located Near
City Limits, Landscaped, Level, Oversized Lot, Sidewalk, Paved
Utilities
BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
Garage
Assigned, Ground Level, Guest, Open
Floor
Laminate, Luxury Vinyl, Wood
Heating
Central, Electric
Cooling
Mini-Split Unit(s)
Pool Type
No Pool

Listing courtesy of ROCK SPRINGS REALTY, LLC.

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