Under contract-accepting backup offers. ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING, PLUS (4) STORAGE RENTAL UNITS FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.16% CAP Rate with Additional Revenue Potential. 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. All units were fully remodeled and updated in 2019. The property also includes a detached (4-unit) rental storage building with roll-up doors that generates $500.00 in monthly income. 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. ALSO, the Quad-Plex next door is also listed for sale (422 E. Citrus Ave.), see MLS#G5108332.
| MLS # | G5107267 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active Under Contract |
| Year | 1925 |
| Days On Site | 213 |
| Listing Provided By | ROCK SPRINGS REALTY, LLC | Joel Bornstein |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,304 |
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | SR |
| Acreage | 0.32 |
| Property | 3645 |
|---|
| State | FL |
|---|---|
| County | Lake |
| City | EUSTIS |
| Zip Code | 32726 |
| Area | 32726 Eustis |
| Community Name | EUSTIS |
| School District | Eustis High School |
| Elementary School | Eustis Elem |
| High School | Eustis High School |
| Listing VS Median (in EUSTIS) | |
Price: $490,000 low | high Med: $255,000 sqft: 2,304 low | high Med: 1,292 $ / sqft: $213 low | high Med: $197 On site: 213 low | high Med: 143 | |
| State | FL |
|---|---|
| County | Lake |
| City | EUSTIS |
| Zip Code | 32726 |
| Area | 32726 Eustis |
| Community Name | EUSTIS |
| School District | Eustis High School |
| Elementary School | Eustis Elem |
| High School | Eustis High School |
| Listing VS Median (in EUSTIS) | |
Price: $490,000 low | high Med: $255,000 sqft: 2,304 low | high Med: 1,292 $ / sqft: $213 low | high Med: $197 On site: 213 low | high Med: 143 | |
![]() | $299,000504 E Citrus AveEustis, FL 32726 |