Under contract

426 E CITRUS Ave, Eustis, FL 32726

Beds
4
Baths
4
Sqft
2,304
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byROCK SPRINGS REALTY, LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
4
Square feet
2,304
Lot size (acres)
0.32
Year built
1925

Interior features

Laundry
None

Garage and parking

Garage parking spaces
4

Utilities

Heating
Central, Electric
Cooling
Multi-split AC
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$3,645

Public schools

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Sourced from: Stellar MLS MLS®#: G5107267 Last checked:

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