About This Home

This 5-bedroom, 4-bathroom multi-family at 422 E CITRUS Avenue in Eustis, FL is listed for $469,500 ($165 per sqft). Built in 1884, the home offers 2,841 sqft of living space on a 0.29 acres lot.

Key Features

  • Built in 1884
  • 0.29 acre lot
  • 2 stories

Property Details

2 stories
4 full
1884

Amenities

RV Parking
Listing 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.

Monthly Cost Estimate

$2,511/mo

20% down · 6.5% · 30 years

Principal$340
Interest$2,035
Insurance$137

Estimates only. Actual payments may vary.

Location

422 E CITRUS Avenue

Eustis, FL 32726

EUSTIS

Features & Amenities

Interior Features

Built-in FeaturesCeiling Fans(s)Eat-in KitchenKitchen/Family Room ComboPrimary Bedroom Main FloorPrimaryBedroom UpstairsSolid Wood CabinetsSplit BedroomThermostatWalk-In Closet(s)Window Treatments

Exterior Features

LightingSidewalk

Property Details

Flooring

Tile - CeramicWoodCarpetLaminate

Construction

Frame

Outdoor Features

PatioPorch

Parking

RVGuest

Heating

CentralElectric (Heating)

Appliances

Electric Water HeaterRangeRange HoodRefrigerator

Questions & Answers

This 5-bedroom, 4-bathroom multi-family at 422 E CITRUS Avenue is listed at $469,500 ($165/sqft). The estimated monthly payment is $2,511 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1884, 0.29 acre lot, 2 stories. Interior Features: Built-in Features, Ceiling Fans(s), Eat-in Kitchen. Exterior Features: Lighting, Sidewalk.

This property is listed by Joel Bornstein.

JB

Joel Bornstein

Agent at Rock Springs Realty, LLC

Listed by Rock Springs Realty, LLC · Broker phone: (877) 333-2811 · View on Broker Site · Broker website

MLS# G5108016· Source: Stellar MLS· 254 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

422 E CITRUS Avenue, Eustis, FL 32726

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