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Single Family House 13 bedrooms - EUSTIS for Sale

426 E CITRUS, EUSTIS, FL 32726

Asking Price$1,173,000 Change Price$1,000

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  • Days on market:

    136 day(s)
  • Original Price:

    $1,175,000
  • Price per sqft:

    $225.45
  • Tax Legal Description:

    EUSTIS E 61.36 FT OF LOT 4 BLK 76 PB 1 PG 79 ORB 5291 PG 2443 "AND" EUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76, RUN N TO PT 44 FT S OF N LINE OF LOT 4, E 4 FT, N 44 FT, E 51 FT, S TO S LINE LOT 4, W TO POB PB 1 PG 79 ORB 5011 PG 2109
  • Tax Year:

    2023
  • Property Type:

    Single Family
  • Parking:

    Assigned Guest Open Ground Level
  • Furnished Info:

    Unfurnished
  • Elementary School:

    Eustis Elem
  • Middle School:

    Eustis Middle
  • Senior High School:

    Eustis High School
  • Construction Type:

    Wood Siding StuccoWood Frame
  • Roof:

    OtherMetal
  • Cooling Description:

    Central Air Mini-Split Unit(s)
  • Heating Description:

    ElectricCentral
  • Floor Description:

    LaminateCarpetCeramic Tile Luxury Vinyl Hardwood
  • Interior Features:

    Split BedroomBuilt-in Features Walk-In Closet(s)Ceiling Fan(s) Eating Space In Kitchen Thermostat Window Treatments Solid Wood Cabinets Primary Bedroom Main Floor PrimaryBedroom Upstairs
  • Exterior Features:

    Lighting SidewalkAwning(s)Storage
  • Equipment/Appliances:

    RefrigeratorElectric Water Heater Range Range Hood
  • Special Listing Conditions:

    None
  • Lot Features:

    Oversized Lot SidewalkCity Lot Level Landscaped

Description

$1,173,000 • bedroom(s) • eight full bathroom(s) • living size area 5203 sqft

Attention investors: (2) quadplex buildings for sale, (8) apartment units + (4) storage units kicking off $95,000.00 in annual cash flow, eustis, fl 32726. located at 422 & 426 e. citrus avenue in the historic district of eustis and just (3) block from downtown, this is a "turnkey" investment opportunity, 100% occupancy, annual tenants, providing a solid 8% cap-rate roi. these two separate quadplexes sits on .62 acres (115'x 232') with "no hoa" and offer a combined heated 5,203 s/f and total size of 5,797 s/f. both building are on city of eustis water & sewer services. building 422 profile: (3-qty) 1-bedroom, 1-bath and (1-qty) 2-bedroom, 1-bath units. all units were fully remodeled and updated in 2018. building 426 profile: (4-qty) 2-bedroom, 1-bath units. all units were fully remodeled and updated in 2019. building 426 also has a detached (4-qty) rental storage units with roll-up doors that also generate cash flow to the property.all units have (2) dedicated parking spaces each. additionally, 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. note: seller financing available for a small percentage (25% +/-) of the purchase price for qualified buyers. floor plans & seller disclosures for each building & units are attached in the mls, or available to be emailed upon request. detailed financials are available to "qualified buyers" and includes full unit profiles, upgrades/improvements/maintenance info, current & past income history, expense breakdown and rental comps analysis for 1/1 & 2/1 rentals in the entire eustis market which shows units could still be competitive with an additional 10%-15% rent increase on annual renewals. "every buyer" will be required to sign an nda (non-disclose agreement) prior to receiving the actual financials. please do not engage or disturb any of the tenants. no sign at the property and all inquiries are to be directed to the listing broker only. for reference, the purchase price includes the following properties: 422 e. citrus ave, parcel id#11-19-20-0100-076-00401, alt key#1759641"and" 426 e. citrus ave, parcel id#11-19-26-0100-076-00403, alt. key#1243122. call for more information.

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