422 E Citrus Avenue, Eustis, FL 32726
- $490,000
- 5
- BD
- 4
- BA
- 2,841
- SqFt
- List Price
- $490,000
- Status
- ACTIVE
- MLS#
- G5108016
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,841
- Subdivision
- Eustis
Property Description
ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.74% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 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 per unit. All units are in good operating condition! 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. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.
/t.realgeeks.media/resize/300x/https://u.realgeeks.media/todayshomevalue%252FFullLogo_Transparent_NoBuffer.png){kind=spacer}
Additional Information
- Year Built
- 1884
- Construction
- Frame
- Living Area
- 2,841
- Acres
- 0.29
- Interior Features
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Cooling
- Mini-Split Unit(s)
- Heating
- Central, Electric
- Parking
- Guest, Reserved
- Exterior Features
- Lighting, Sidewalk
- Sewer
- Public Sewer
- Pets
- Yes
Listing courtesy of ROCK SPRINGS REALTY, LLC.
Mortgage Calculator
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on