426 E Citrus Avenue, Eustis, FL 32726
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
426 E Citrus Avenue,Eustis, FL 32726
$575,000
- 4 Beds
- 4 Baths
- 2,304 sq. ft.
- Multi-family
- Active
Listed by:joel bornstein
Office:rock springs realty, llc.
MLS#:G5099723
Source:MFRMLS
Price summary
- Price:$575,000
- Price per sq. ft.:$221.84
About this home
ATTENTION INVESTORS: QUADPLEX APARTMENT BUILDING, PLUS (4) STORAGE RENTAL UNITS, SOLID 5.57% CAP RATE, EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. "Turnkey" investment opportunity, Generates $50,100.00 in Cash Flow and a Solid 5.57% CAP Rate with Upside, 100% occupancy 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 only.
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Home facts
- Year built:1925
- Listing ID #:G5099723
- Added:73 day(s) ago
- Updated:September 29, 2025 at 11:57 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:2,304 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Central, Electric
Structure and exterior
- Roof:Membrane
- Year built:1925
- Building area:2,304 sq. ft.
- Lot area:0.33 Acres
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:$575,000
- Price per sq. ft.:$221.84
- Tax amount:$3,680 (2024)
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