Active

$750,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 4066 sq ft
Overview
  • ID: MFRO6367864
  • Bedrooms:
  • Bathrooms: 0
  • Size: 4066 sq ft
Property Details
Remarks
Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow. The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required. Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.
Financial Considerations
Price:
$750,000
HOA Fee:
N/A
Tax Amount:
$4475.98
Price per SqFt:
$141.35
Tax Legal Description:
EUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 6098 PG 2034
Exterior Features
Lot Size:
17424
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Mini-Split Unit(s), Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1924
Construction Type:
Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    205 S GROVE ST
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 3,800,000
avt
Daniel Dourado
$ 1,990,000
avt
Daniel Dourado
$ 1,050,000
avt
Daniel Dourado
$ 895,000
avt
Daniel Dourado
$ 1,350,000
avt
Daniel Dourado
$ 2,100,000
avt
Daniel Dourado
$ 219,000
avt
Daniel Dourado
$ 625,000
avt
Daniel Dourado
$ 1,700,000
avt
Daniel Dourado
$ 995,000
avt
Daniel Dourado
$ 2,000,000
avt
Daniel Dourado
$ 1,299,999