426 CITRUS, EUSTIS, FL, 32726 — photo 1
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426 CITRUS, EUSTIS, FL, 32726

$490,000

4 Beds2,304 Sq FtBuilt 19250.32 Acres4 Garage

About This Property

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.

Subdivision

EUSTIS

Status

Active

Listed By

ROCK SPRINGS REALTY, LLC

Days on Market

38

Mortgage Calculator

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Est. Monthly Payment

$3,083

30-yr fixed · 20% down · 6.875%

Principal & Interest$2,575
Property Tax (actual)$304
Est. Home Insurance~0.5% est.$204
Total / month$3,083
Loan amount$392,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# ab027ad77c17cb6a6905df30085b0045

Location