422 E CITRUS AVENUE at

422 E CITRUS AVENUE

For sale Days on market 224

$490,000

$172/sq ft

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Overview

Bedroom

Year Built

1884

Sqft

2841

Property Type

Quadruplex

Property Description

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.

Property Details

MLS#

G5108016

Address

422 CITRUS E

City

EUSTIS

State/county

Zip/Postal Code

32726

Area

Eustis

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,915

Maint Fee

$--

Tax Year

2025

Electric Water Heater

Range

Range Hood

Refrigerator

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