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, providing a blended 6.64% 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-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. 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.
Durée du bail
12 months5,203 Sq Ft
0.62 Acres privés Taille du lot
investissement
7 560 $US Taxe annuelle
Intégré 1925
MLS/Identifiant de l'annonce G5108356
8 Unités
Lot - City Lot
Parking - Open
Parking - Guest
Parking - Assigned
Sélectionné
Porche arrière
Patio
Front Porch
Ci-joint
Couverture
Cadres en bois
Stores
Cadres en aluminium
Sidewalk
Crawlspace
Ventilateurs de plafond
Armoires en bois massif
Thermostat
Lot - Sidewalk
Parking - Ground Level
Métal
Shingle
Habillage de fenêtres
Stockage
Climatisation - Climatisation centrale
Cooling - Multi-split AC
Construction - Stucco
Construction - Wood Frame
Construction - Wood Siding
Chauffe-eau électrique
Chauffe-eau à gaz
Gamme
Hotte aspirante
Réfrigérateur
Lot - Landscaped
Lot - Level
Lot - Oversized Lot
Fonctionnalités intégrées
Cuisine avec coin repas
Cuisine et salle familiale combinées
Salon-salle à manger
Chambres séparées
Walk-in Closets
Heating - Electric
Non meublé
Slab
Tapis
Carrelage en céramique
Bois dur
Stratifié
Auvents
Éclairage
Animaux acceptés
COÛT MENSUEL TOTAL
0 $US
0 $US
0 $US