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Paradise Realty FLA
104 S Grove Street, Eustis, FL 32726
- $615,000
- 7
- BD
- 7
- BA
- 3,256
- SqFt
- List Price
- $615,000
- MLS#
- R4912200
- Bedrooms
- 7
- Bathrooms
- 7
- Sq. Ft
- 3,256
- Lot Size
- 18,828
- Subtype
- Quadruplex
- County
- Lake
- Community
- No Deed Restriction
- Subdivision
- Eustis
- Region
- Eustis
- Year Built
- 1914
Property Description
Currently 100% leased, the property generates $6,750 in scheduled monthly rent, or $81,000 annually. The apartment mix includes two studios, two one-bedroom units, one two-bedroom unit, and one three-bedroom unit. Seller-reported improvements include a new roof, new paint, newer air-conditioning equipment, updated appliances and cabinets, tile flooring, and tiled showers. These completed improvements and established leases offer an attractive starting point for investors seeking a turnkey acquisition with ongoing rental operations. For investors purchasing from outside Florida, financial information, renovation details, and property tours are available upon request to support remote evaluation and acquisition planning.
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Additional Information
- Heating
- Ductless
- Cooling
- Mini-Split Unit(s), Wall/Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Exterior Features
- None, Other
- Construction
- Frame, Wood Siding
- Living Area
- 3,256
Listing courtesy of COUNTRYWIDE REALTY PARTNERS, LLC. Contact: 407-401-3739