422 CITRUS, EUSTIS, FL, 32726 — photo 1
1 / 56

422 CITRUS, EUSTIS, FL, 32726

$490,000

5 Beds2,841 Sq FtBuilt 18840.29 Acres

About This Property

ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.74% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. 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 per unit. All units are in good operating condition! 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 only. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.

Subdivision

EUSTIS

Status

Active

Listed By

ROCK SPRINGS REALTY, LLC

Days on Market

30

Mortgage Calculator

$
%
%

Est. Monthly Payment

$3,106

30-yr fixed · 20% down · 6.875%

Principal & Interest$2,575
Property Tax (actual)$326
Est. Home Insurance~0.5% est.$204
Total / month$3,106
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.

Interested in This Property?

Schedule a showing or ask a question. We respond in under 2 hours.

Call (813) 618-7653Request a Showing

MLS# b70f274f279be15b3e33a3948af5c499

Location