Active

$490,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 2899 sq ft
Overview
  • ID: MFRG5108332
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 2899 sq ft
Property Details
Remarks
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, (2) Dedicated Parking Spaces. 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. ALSO, the Quad-Plex next door is also listed for sale (426 E. Citrus Ave.), see MLS#G5107267.
Financial Considerations
Price:
$490,000
HOA Fee:
N/A
Tax Amount:
$3915
Price per SqFt:
$169.02
Tax Legal Description:
EUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76 RUN N TO PT 44 FT S OF N LINE OF LOT 4 E 4 FT N 44 FT E 51 FT S TO S LINE LOT 4 W TO POB PB 1 PG 79 ORB 6319 PG 2114
Exterior Features
Lot Size:
12749
Lot Features:
City Limits, Landscaped, Level, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Ground Level, Guest, Open
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Mini-Split Unit(s)
Appliances:
Gas Water Heater, Range, Range Hood, Refrigerator
Furnished:
Yes
Floor:
Carpet, Laminate, Luxury Vinyl, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1884
Construction Type:
Frame, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Awning(s), Lighting, Sidewalk
Additional Features 2:
Buyer or Selling Agent to verify with local municipalities.
Map
  • Address
    422 E CITRUS AVE
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