Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15Real estate listing preview #16Real estate listing preview #17Real estate listing preview #18Real estate listing preview #19Real estate listing preview #20Real estate listing preview #21Real estate listing preview #22Real estate listing preview #23Real estate listing preview #24Real estate listing preview #25Real estate listing preview #26Real estate listing preview #27Real estate listing preview #28Real estate listing preview #29Real estate listing preview #30Real estate listing preview #31Real estate listing preview #32Real estate listing preview #33Real estate listing preview #34Real estate listing preview #35Real estate listing preview #36Real estate listing preview #37Real estate listing preview #38Real estate listing preview #39Real estate listing preview #40Real estate listing preview #41Real estate listing preview #42Real estate listing preview #43Real estate listing preview #44Real estate listing preview #45Real estate listing preview #46Real estate listing preview #47Real estate listing preview #48Real estate listing preview #49Real estate listing preview #50Real estate listing preview #51Real estate listing preview #52Real estate listing preview #53Real estate listing preview #54Real estate listing preview #55Real estate listing preview #56Real estate listing preview #57Real estate listing preview #58Real estate listing preview #59Real estate listing preview #60Real estate listing preview #61Real estate listing preview #62Real estate listing preview #63Real estate listing preview #64Real estate listing preview #65Real estate listing preview #66Real estate listing preview #67Real estate listing preview #68Real estate listing preview #69Real estate listing preview #70Real estate listing preview #71Real estate listing preview #72Real estate listing preview #73Real estate listing preview #74Real estate listing preview #75Real estate listing preview #76Real estate listing preview #77Real estate listing preview #78Real estate listing preview #79Real estate listing preview #80Real estate listing preview #81Real estate listing preview #82Real estate listing preview #83Real estate listing preview #84Real estate listing preview #85Real estate listing preview #86Real estate listing preview #87Real estate listing preview #88Real estate listing preview #89Real estate listing preview #90Real estate listing preview #91Real estate listing preview #92Real estate listing preview #93Real estate listing preview #94Real estate listing preview #95
listing
1 of 95
Residential IncomeFor Sale
$1,175,100
426 E Citrus Avenue
Eustis, FL 32726
Listed by: Rock Springs Realty, Llc, (877) 333-2811
MLS: Stellar MLS
13Beds
8Baths
5,203Sq Ft
Est. Mortgage
$6,166/mo

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: Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed upon request. A detailed Proforma for each Building is 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 Proformas. 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 directly for more information.

Get in touch
Listing provided by Rock Springs Realty, Llc
Community / School Information