Overview
Description
"NEW PRICE"- 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 6.82% CAP Rate with Additional Revenue Potential.
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. ALSO, the Quad-Plex next door is also listed for sale (422 E. Citrus Ave.), see MLS#G5108332.
Virtual Tour
Address
Interior
- AppliancesElectric Water Heater, Range, Range Hood, Refrigerator
- Bathrooms Total Integer4
- Bedrooms Total4
- CoolingMini-Split Unit(s)
- CoolingYes
- FlooringLaminate, Luxury Vinyl, Hardwood
- FurnishedUnfurnished
- HeatingCentral, Electric
- HeatingYes
- Interior FeaturesBuilt-in Features, Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry FeaturesNone
- LevelsTwo
- Living Area2,304
- Living Area SourceEstimated
- Living Area UnitsSquare Feet
- Security FeaturesSmoke Detector(s)
- Window FeaturesAluminum Frames, Blinds, Window Treatments
Exterior
- Covered Spaces4
- Exterior FeaturesOutbuilding, Awning(s), Lighting, Sidewalk, Storage
- Garage Spaces4
- GarageYes
- Lot FeaturesCity Lot, Landscaped, Level, Oversized Lot, Sidewalk
- Lot Size Acres0
- Lot Size Area14,335
- Lot Size Dimensions60 x 234
- Lot Size Square Feet14,335
- Lot Size UnitsSquare Feet
- Open ParkingYes
- Other StructuresStorage
- Parking FeaturesAssigned, Ground Level, Guest, Open
- Patio And Porch FeaturesPatio, Rear Porch
- Road Frontage TypeStreet Paved
- Road Surface TypePaved, Asphalt
- RoofMembrane
Structure
- Building Area Total2,592
- Construction MaterialsStucco, Wood Frame
- Foundation DetailsCrawlspace, Slab
- Number Of Buildings2
- Number Of Units Total4
- Property ConditionCompleted
- Year Built1925
Utilities
- SewerPublic Sewer
- UtilitiesBB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
- Water SourcePublic
Financial
- Lease Term12 Months
- Parcel Number111926010007600403
- Pets AllowedBreed Restrictions, Number Limit, Size Limit, Yes
- Tax Annual Amount3,645
- Tax Block076
- Tax Book Number1-79
- Tax Legal DescriptionEUSTIS 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 Lot4
- Tax Year2025
- ZoningSR
Schools
- Elementary SchoolEustis Elem
- High SchoolEustis High School
- Middle Or Junior SchoolEustis Middle
Location
- CountryUnited States
- County Or ParishLake
- DirectionsFrom 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.
- Latitude29
- Longitude-82
- MLS Area Major32726 - Eustis
- Postal Code32726
- Postal Code Plus44169
- Street Direction PrefixE
- Street NameCITRUS
- Street Number426
- Street Number Numeric426
- Street SuffixAVENUE
- Subdivision NameEUSTIS
- Unparsed Address426 E CITRUS AVENUE
Features & Amenities
- Assigned
- Awning(s)
- Built-in Features
- Ceiling Fan(s)
- Central
- City Lot
- Electric
- Electric Water Heater
- Ground Level
- Guest
- Hardwood
- Laminate
- Landscaped
- Level
- Lighting
- Living Room/Dining Room Combo
- Luxury Vinyl
- Mini-Split Unit(s)
- None
- Open
- Outbuilding
- Oversized Lot
- Primary Bedroom Main Floor
- PrimaryBedroom Upstairs
- Range
- Range Hood
- Refrigerator
- Sidewalk
- Split Bedroom
- Storage
- Thermostat
- Walk-In Closet(s)
- Window Treatments
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
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