426 E Citrus Avenue, Eustis, FL 32726
- $490,000
- 4
- BD
- 4
- BA
- 2,304
- SqFt
- List Price
- $490,000
- Status
- PENDING
- Days on Market
- 162
- Price Change
- ▼ $35,000 1771361000
- MLS#
- G5107267
- Subtype
- Residential Income
- Style
- Two Story
- Year Built
- 1925
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,304
- Lot Size
- 14,335
- Acres
- 0.32
- Subdivision
- Eustis
- MLS Area Major
- Eustis
Property Description
Under contract-accepting backup offers. 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.
Additional Information
- 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
- Exterior Features
- Outbuildings, Awning(s), Lighting, Sidewalk, Storage
- Financing
- Cash, Conventional, FHA, VA Loan
- Location
- City Limits, Landscaped, Level, Oversized Lot, Sidewalk, Paved
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- SR
- Appliances
- Electric Water Heater, Range, Range Hood, Refrigerator
- Heating
- Central, Electric
- Air Conditioning
- Mini-Split Unit(s)
- Exterior Construction
- Stucco, Frame
- Exterior Features
- Outbuildings, Awning(s), Lighting, Sidewalk, Storage
- Levels
- Two
- Roof
- Membrane
- Foundation
- Crawlspace, Slab
- Parking
- Assigned, Ground Level, Guest, Open
- Parking Features
- Assigned, Ground Level, Guest, Open
- Garage
- 4 Car Garage
- Garage Spaces
- 4
- Garage Features
- Assigned, Ground Level, Guest, Open
- Elementary School
- Eustis Elem
- Middle School
- Eustis Middle
- High School
- Eustis High School
Listing courtesy of ROCK SPRINGS REALTY, LLC. 877-333-2811
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