426 E Citrus Avenue, Eustis, FL 32726

$469,900
4
BD
4
BA
2,304
SqFt

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List Price
$469,900
MLS#
G5107267
Status
ACTIVE
Price Change
▼ $20,100 1788910172
Days on Market
228
Year built
1925
Bedrooms
4
Bathrooms
4
Living area
2,304
Area
2304
Region
Eustis
Subdivision
Eustis

Property Description

"NEW PRICE"- 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 6.82% 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.

Additional Information

Acres
0.32
Floors
Laminate, Luxury Vinyl, Wood
Interior Features
Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Cooling
Mini-Split Unit(s)
Heating
Central, Electric
Exterior Features
Outbuildings, Awning(s), Lighting, Sidewalk, Storage
Construction
Stucco, Frame
Roof
Membrane
Parking
Assigned, Ground Level, Guest, Open

Listing courtesy of ROCK SPRINGS REALTY, LLC.

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