422 E Citrus Avenue, Eustis, FL 32726
- $490,000
- 5
- BD
- 4
- BA
- 2,841
- SqFt
- List Price
- $490,000
- MLS#
- G5108016
- Bedrooms
- 5
- Bathrooms
- 4
- Sq. Ft
- 2,841
- Lot Size
- 12,749
- Subtype
- Quadruplex
- County
- Lake
- Community
- Sidewalks, Street Lights, No Deed Restriction
- Subdivision
- Eustis
- Region
- Eustis
- Year Built
- 1884
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.
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Additional Information
- Heating
- Central, Electric
- Cooling
- Mini-Split Unit(s)
- Roof
- Metal, Shingle
- Sewer
- Public Sewer
- Exterior Features
- Lighting, Sidewalk
- Construction
- Frame
- Living Area
- 2,841
- Elementary School
- Eustis Elem
- Middle School
- Eustis Middle
- High School
- Eustis High School
- Pets Allowed
- Yes
Listing courtesy of ROCK SPRINGS REALTY, LLC. Contact: 877-333-2811