426 E Citrus Avenue, Eustis, FL 32726
- $490,000
- 4
- BD
- 4
- BA
- 2,304
- SqFt
- List Price
- $490,000
- Status
- Pending
- Days on Market
- 162
- Price Change
- ▼ $35,000 1771361000
- MLS#
- G5107267
- Property Style
- Quadruplex
- Year Built
- 1925
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,304
- Lot Size
- 14,335
- Acres
- 0.32
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Eustis
- MLS Area Major
- Eustis
Property Description
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.
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Additional Information
- Taxes
- $3645
- Minimum Lease
- No Minimum
- Annual Gross Income
- 50100
- Location
- City Limits, Landscaped, Level, Oversized Lot, Sidewalk, Paved
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- SR
- Interior Layout
- Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Interior Features
- Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Floor
- Laminate, Luxury Vinyl, Wood
- Appliances
- Electric Water Heater, Range, Range Hood, Refrigerator
- Utilities
- BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Mini-Split Unit(s)
- Exterior Construction
- Stucco, Frame
- Exterior Features
- Outbuildings, Awning(s), Lighting, Sidewalk, Storage
- Roof
- Membrane
- Foundation
- Crawlspace, Slab
- Pool
- No Pool
- Garage Carport
- 4 Car Garage
- Garage Spaces
- 4
- Garage Features
- Assigned, Ground Level, Guest, Open
- Garage Dimensions
- 20x48
- Elementary School
- Eustis Elem
- Middle School
- Eustis Middle
- High School
- Eustis High School
- Pets
- Allowed
- Pet Size
- Small (16-35 Lbs.)
- Flood Zone Code
- x
- Parcel ID
- 11-19-26-0100-076-00403
- Legal Description
- EUSTIS E 61.36 FT OF LOT 4 BLK 76 PB 1 PG 79 ORB 5291 PG 2443 "AND" 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 5011 PG 2109
Listing courtesy of ROCK SPRINGS REALTY, LLC. 877-333-2811
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