EUSTIS, FL 32726 422 E CITRUS AVENUE
$490,000
51 more
Presented By: ROCK SPRINGS REALTY, LLC with 877-333-2811. - 877-333-2811
Beds • 5
Baths • 4
SQFT • 2,841
Home Details
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.
Presented By: ROCK SPRINGS REALTY, LLC with 877-333-2811. - 877-333-2811
Interior Features for 422 E CITRUS AVENUE
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet, Ceramic Tile, Laminate, Hardwood
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Laundry FeaturesNone
Window FeaturesWindow Treatments
General for 422 E CITRUS AVENUE
Additional Parcels Y/NNo
Additional RoomsAttic, Family Room
AppliancesElectric Water Heater, Range, Range Hood, Refrigerator
Building Area UnitsSquare Feet
Carport Y/NNo
CityEUSTIS
Community FeaturesSidewalks
Construction MaterialsWood Frame
CoolingMini-Split Unit(s)
CountyLake
DirectionsDriving Directions: From Hwy 441 in Eustis, head north on S. Bay Street (Hwy 19) for approximately 2 miles. Turn right onto Citrus Ave and follow down. Property will be down on the right.
Elementary SchoolEustis Elem
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income47220
HeatingCentral, Electric
High SchoolEustis High School
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionEUSTIS 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 858 PGS 1609-1614
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet12749
Lot Size UnitsSquare Feet
MLS Area32726 - Eustis
Middle/Junior High SchoolEustis Middle
Minimum LeaseNo Minimum
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Ok to Lease12 Months
OwnershipFee Simple
Patio/Porch FeaturesFront Porch, Patio, Rear Porch, Screened
Pet Size LimitSmall (16-35 Lbs.)
Pets AllowedBreed Restrictions, Number Limit, Size Limit, Yes
PossessionClose Of Escrow
Property Attached Y/NNo
Property SubtypeQuadruplex
Property TypeResidential Income
RoofMetal, Shingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameEUSTIS
Tax Annual Amount3915
Tax Lot4
Tax Year2025
Tenant PaysElectricity
Total Actual Rent3935
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected
Water Access Y/NNo
Water View Y/NNo
Year Built1884
ZoningSR
Exterior for 422 E CITRUS AVENUE
Building Area Total3205
Exterior AmenitiesLighting, Sidewalk
Foundation DetailsCrawlspace
Lot Dimensions55 x 234
Lot FeaturesCity Lot, Level, Near Public Transit, Sidewalk
Lot Size Acres0.29
Lot Size Area12749
Number of Buildings1
Number of Lots1
Number of Separate Electric Meters4
Number of Separate Water Meters1
Parking FeaturesGuest, Reserved
Private PoolNo
Road Frontage TypeStreet Paved
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved, Asphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Steven Silcock
Broker Owner