426 E CITRUS AVENUE EUSTIS, FL 32726
$525,000
4 Beds
4 Baths
2304 sqft
MLS#
G5107283
Type
Single Family Residence
Status
Active Listing
Square Footage
2,304
Bedrooms
4
Bathrooms
4 full
Year Built
1925
Tax Amount
$3,645
Garage Spaces
4
Property Description
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. $50,100.00 Gross Revenue. $32,040.00 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. 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 only.
Cooling:Mini-Split Unit(s)
Awning(s)
Lighting
Sidewalk
Storage
Built-in Features
Ceiling Fan(s)
Living Room/Dining Room Combo
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Split Bedroom
Thermostat
Walk-In Closet(s)
Window Treatments
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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