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426 E Citrus Ave, Eustis, FL, 32726

4beds
4baths
2,304sqft
$490,000
$213price/sqft
$3,354/moest. monthly cost
$134,160/yrincome needed

About This Home

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.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
Eustis Elementary SchoolGrades PK-50.2 mi
3/10
Eustis Middle SchoolGrades 6-82.2 mi
3/10
Eustis High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1925

Materials

  • Foundation: Crawlspace,Slab
  • Roof: Membrane
  • Construction materials: Stucco,Wood Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Range,Range Hood,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Built-in Features,Ceiling Fan(s),Living Room/Dining Room Combo,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Split Bedroom,Thermostat,Walk-In Closet(s)
  • Window features: Blinds,Window Treatments
  • Flooring: Laminate,Luxury Vinyl,Hardwood

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 2,592
  • Total interior livable area: 2,304 sqft

Property

Details

  • Parcel number: 111926010007600403
  • Zoning: SR
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Rear Porch
  • Exterior features: Awning(s),Lighting,Sidewalk,Storage

Lot

  • Lot size: 0.33 Acres
  • Features: City Lot,Landscaped,Level,Oversized Lot,Sidewalk
  • Lot size dimensions: 60 x 234

Parking

  • Total spaces: 4
  • Parking features: Assigned,Ground Level,Guest,Open
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes