422 & 426 E Citrus Avenue, Eustis, FL 32726
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
422 & 426 E Citrus Avenue,Eustis, FL 32726
$939,000
- 13 Beds
- 8 Baths
- 5,203 sq. ft.
- Multi-family
- Active
Listed by: joel bornstein
Office: rock springs realty, llc.
MLS#:G5117528
Source:MFRMLS
Price summary
- Price:$939,000
- Price per sq. ft.:$161.98
About this home
ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97,000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown. This is a "turnkey" investment opportunity, 100% occupancy, annual tenants, and provides a blended 6.925% CAP-RATE. These two separate quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes 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-BathUnits. 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. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. 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, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information....
Contact an agent
Home facts
- Year built:1925
- Subdivision & Development:EUSTIS
- Listing ID #:G5117528
- Added:61 day(s) ago
- Updated:November 09, 2026 at 10:04 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:8
- Flooring:Carpet, Ceramic Tile, Laminate, Luxury Vinyl, Wood
- Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
- Kitchen Description:Eat-in Kitchen, Kitchen/Family Room Combo, Range, Range Hood, Refrigerator, Solid Wood Cabinets
- Bedroom Description:Primary Bedroom Main Floor, Primary Bedroom Upstairs, Split Bedroom, Walk-In Closet(s)
- Basement Description:Crawlspace
- Living area:5,203 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal, Shingle
- Year built:1925
- Building area:5,203 sq. ft.
- Lot area:0.62 Acres
- Lot Features:Landscaped, Level, Oversized, Paved, Sidewalk
- Construction Materials:Frame, Stucco, Wood Siding
- Exterior Features:Covered Porch/Patio, Enclosed, Front Porch, Lighting, Patio, Rear Porch, Screened, Sidewalk
- Foundation Description:Slab
- Levels:Multi/Split Story
Schools
- High school:Eustis High School
- Middle school:Eustis Middle
- Elementary school:Eustis Elem
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$939,000
- Price per sq. ft.:$161.98
- Tax amount:$7,560 (2025)
Features and amenities
- Appliances:Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
- Amenities:BB/HS Internet Available, Built-In Features, Cable Available, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Natural Gas Connected, Primary Bedroom Main Floor, Primary Bedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Assigned, Ground Level, Guest, Open
- Garage:Yes
- Garage spaces:5
New listings near 422 & 426 E Citrus Avenue
- Coming Soon
$979,000Coming Soon3 beds 4 baths3,100 sq. ft.34432 Parkview Avenue, EUSTIS, FL 32726
MLS# G5119840Listed by: HARRISON REAL PROPERTY GROUP - New
$419,374Active4 beds 3 baths2,290 sq. ft.2035 Town Pasture Drive, EUSTIS, FL 32726
MLS# O6456125Listed by: TRINITY FAMILY BUILDERS LLC - New
$411,474Active4 beds 3 baths2,290 sq. ft.2178 Town Pasture Drive, EUSTIS, FL 32726
MLS# O6456133Listed by: TRINITY FAMILY BUILDERS LLC - Open Sat, 11am to 2pmNew
$438,000Active4 beds 3 baths2,137 sq. ft.36725 Oconee Avenue #36725, EUSTIS, FL 32736
MLS# O6455828Listed by: EXP REALTY LLC - New
$395,000Active4 beds 2 baths2,074 sq. ft.4058 Serene Water Avenue, EUSTIS, FL 32736
MLS# O6455414Listed by: AGENT PLUS REALTY - New
$347,500Active3 beds 2 baths1,832 sq. ft.715 Poinsettia Drive, EUSTIS, FL 32726
MLS# G5119751Listed by: HOME WISE REALTY GROUP, INC. - New
$549,900Active4 beds 2 baths2,596 sq. ft.25025 County Road 44a, EUSTIS, FL 32736
MLS# G5119987Listed by: COLDWELL BANKER VANGUARD EDGE REALTY - New
$155,900Active0.85 Acres23607 Milford Drive, EUSTIS, FL 32736
MLS# O6448484Listed by: WATSON REALTY CORP., REALTORS - New
$369,990Active4 beds 2 baths1,839 sq. ft.4300 Darby Court, EUSTIS, FL 32736
MLS# W7890921Listed by: MALTBIE REALTY GROUP - New
$349,000Active3 beds 2 baths1,616 sq. ft.1342 Eustis Road, EUSTIS, FL 32726
MLS# G5119562Listed by: MOUNT DORA GOLF AND LAKE RLTY