2007 Bates Ave, Eustis, FL 32726

$349,000
5
BD
2,074
SqFt
Sold Price
$349,000
List Price
$355,000
Status
Sold
Days on Market
28
Closing Date
Aug 01, 2023
MLS#
O6116299
Property Style
Duplex
Year Built
1930
Bedrooms
5
Living Area
2,074
Lot Size
15,096
Acres
0.35
Total Acreage
1/4 to less than 1/2
Building Name
2005 Bate Ave / 2007 Bates Ave
Legal Subdivision Name
Rosenwald Gardens
MLS Area Major
Eustis

Property Description

Discover a remarkable opportunity hidden within the heart of Eustis, FL. This multi-unit property at 2007 Bate Ave is perfectly located within a designated Opportunity Zone, offering unique tax advantages. The main dwelling is a spacious 4-bedroom, 2-bathroom home, beautifully combining comfort and style. The home features tile and luxury vinyl plank (LVP) flooring throughout, creating a warm and welcoming atmosphere. The open floor plan and abundance of natural light ensure a seamless flow between the living areas, perfect for both entertaining and relaxed family living. In addition to the main home, the property boasts a separately metered, 1-bedroom, 1-bathroom unit. Currently fetching a steady monthly rent of $1175, this unit provides an immediate source of income. However, with the current tenant soon to vacate, the new owner will have the opportunity to set a new rental rate or utilize the space to suit their individual needs. A standalone metal garage, perfect for additional storage or workspace, further complements the property. Coupled with an abundance of on-site parking, there's ample room for guests or multiple family vehicles. Nestled in the charming town of Eustis, the property is just minutes away from shopping, dining, and entertainment venues. The natural beauty of Central Florida is at your fingertips, with an array of parks and lakes nearby. At 2007 Bate Ave, you're not just investing in a property, but a lifestyle and a future. Whether you're an experienced investor, a family seeking a multi-generational living arrangement, or someone looking to leverage the benefits of an Opportunity Zone, this property provides an array of opportunities. Don't let this rare find slip away. Schedule your tour today!

Additional Information

Taxes
$877
Location
Oversized Lot
Community Features
No Deed Restriction
Zoning
01
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Vinyl
Appliances
Range, Refrigerator
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Frame
Exterior Features
Other
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
x
Parcel ID
01-19-26-0600-001-04000
Legal Description
ROSENWALD GARDENS LOTS 40 41 42 BLK 1 PB 5 PG 61 ORB 5970 PG 2183

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EXP REALTY LLC. Selling Office: STELLAR NON-MEMBER OFFICE.

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