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About This Home
This 5-bedroom, 0-bathroom multi-family at 301 E ATWATER AVENUE in Eustis, FL is listed for $430,000 ($184 per sqft). Built in 1949, the home offers 2,341 sqft of living space on a 0.23 acres lot.
Investment Opportunity in the Heart of Eustis! Welcome to 301 E Atwater Ave – a Single Family 3/1 home with an 2/2 Duplex located adjacent on 1305 S Dewey St, all on one tax parcel! Located just minutes from charming downtown Eustis. This partially occupied income-producing property offers an ideal mix of unit sizes and strong rental potential, making it a perfect addition to any investor’s portfolio or a great opportunity for house-hackers.
New Roofs on both buildings completed May 2025! The House on 301 E Atwater features a freshly renovated spacious 3-bedroom, 1-bath with a bright and open layout, laundry room with hookups, boasting new paint interior and exterior, new flooring, and granite counters.
1305 S Dewey Duplex offers two, 1/1 comfortable layouts w/ a shared laundry space for tenants along with an outdoor covered rear porch. Apartment #1 upstairs has been fully renovated with new paint interior, new floors, new kitchen cabinets and granite counters, and all new fixtures.
Apartment #2 located downstairs is currently occupied on a signed lease. Situated on a generously sized fenced in lot. Located in a growing area of Lake County, this property is conveniently close to schools, parks, shopping, and public transit, with easy access to US-441.
Whether you're a seasoned investor or just getting started, this two building/3 unit is a smart buy with reliable cash flow and long-term upside. Don’t miss your chance to own a multi-family property in one of Central Florida's most desirable rental markets!
Key Features
- Built in 1949
- 0.23 acre lot
Property Details
Monthly Cost Estimate
$2,300/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
301 E ATWATER AVENUE
Eustis, FL 32726
EUSTIS
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 5-bedroom, 0-bathroom multi-family at 301 E ATWATER AVENUE is listed at $430,000 ($184/sqft). The estimated monthly payment is $1,863 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 0.23 acre lot. Interior Features: Ceiling Fans(s), Solid Surface Counters, Thermostat. Exterior Features: Fence, Private Yard, Sidewalk.
This property is listed by Braden Verkaik and can be reached at 3529314117 or bradenlverkaik@gmail.com.








