Sarasota's Premier Homes

Historic

426 E CITRUS AVENUE

EUSTIS , FL 32726

MLS#: G5107283

$490,000

Status: Active
Listing number: G5107283
Listing provided by: ROCK SPRINGS REALTY, LLC
Listing agent phone: None
Last update: 3 days ago
On site: 25 days ago
Browse Properties
EUSTIS - Residential

Property

Beds

4

Full Baths

4

1/2 Baths

None

Year Built

1925

Sq.Footage

2,304

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. $50,100.00 Gross Revenue. $32,040.00 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. 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 only.

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Walk-In Closet(s)

  • Total Bedrooms

    4

  • Bathrooms

    4

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Breed Restrictions, Number Limit, Size Limit, Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Stucco, Frame

  • Other Exterior Features

    Awning(s), Lighting, Storage

  • Parking

    Assigned, Guest, Open

  • Patio and Porch Features

    Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Landscaped, Level, Paved

  • Lot Size(acres)

    0.32

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Historic

Price

  • Sales Price

    $490,000

  • Tax Amount

    $3,645

  • Sq. Footage

    2, 304

  • Price/SqFt

    $212

HOA

  • Association

    No

School District

  • Elementary School

    Eustis Elem

  • Middle School

    Eustis Middle

  • High School

    Eustis High School

Property Features

  • Stories

    2

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

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Location

County

Lake

Elementary School

Eustis Elem

Middle School

Eustis Middle

High School

Eustis High School

Listing Courtesy of Joel Bornstein , ROCK SPRINGS REALTY, LLC

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Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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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. $50,100.00 Gross Revenue. $32,040.00 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. 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 only.

426 E CITRUS AVENUE

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