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About This Home
This 5-bedroom, 0-bathroom multi-family at 422 E CITRUS AVENUE in Eustis, FL is listed for $490,000 ($172 per sqft). Built in 1884, the home offers 2,841 sqft of living space on a 0.29 acres lot.
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 6.74% 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.
Key Features
- Built in 1884
- 0.29 acre lot
Property Details
Monthly Cost Estimate
$2,621/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
422 E CITRUS AVENUE
Eustis, FL 32726
EUSTIS
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 0-bathroom multi-family at 422 E CITRUS AVENUE is listed at $490,000 ($172/sqft). The estimated monthly payment is $2,123 based on 20% down at 6.5% interest.
Key features include: Built in 1884, 0.29 acre lot. Interior Features: Built-in Features, Ceiling Fans(s), Eat-in Kitchen. Exterior Features: Level, Paved, Lighting.
This property is listed by Joel Bornstein and can be reached at 8773332811 or joe@rockspringsrealty.net.
