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About This Home
This 4-bedroom, 0-bathroom multi-family at 426 E CITRUS AVENUE in Eustis, FL is listed for $490,000 ($213 per sqft). Built in 1925, the home offers 2,304 sqft of living space on a 0.32 acres lot.
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 6.16% 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.
Key Features
- Built in 1925
- 0.32 acre lot
Property Details
Monthly Cost Estimate
$2,621/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
426 E CITRUS AVENUE
Eustis, FL 32726
EUSTIS
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 0-bathroom multi-family at 426 E CITRUS AVENUE is listed at $490,000 ($213/sqft). The estimated monthly payment is $2,123 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.32 acre lot. Interior Features: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo. Exterior Features: Level, Paved, Outbuildings.
This property is listed by Joel Bornstein and can be reached at 8773332811 or joe@rockspringsrealty.net.
