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.
Durata del contratto di locazione
12 months5,203 Sq Ft
0.62 Acri privati Dimensione del lotto
investimento
7.560 USD Imposta annuale
Costruito in 1925
MLS/ID annuncio G5108356
8 Unità
Lot - City Lot
Parking - Ground Level
Lot - Sidewalk
Termostato
Armadi in legno massello
Ventilatori da soffitto
Crawlspace
Sidewalk
Telai in alluminio
Tende
Telai in legno
Coperto
Allegato
Front Porch
Patio
Portico posteriore
Selezionato
Parking - Assigned
Parking - Guest
Parking - Open
Metallo
Shingle
Tende e tendaggi
Illuminazione
Tende da sole
Laminato
Legno massello
Piastrelle in ceramica
Tappeto
Slab
Non arredato
Heating - Electric
Cabine armadio
Camere da letto separate
Soggiorno Sala da pranzo
Cucina e sala da pranzo combinate
Cucina abitabile
Funzionalità integrate
Lot - Oversized Lot
Lot - Level
Lot - Landscaped
Frigorifero
Cappa aspirante
Gamma
Scaldabagno a gas
Scaldabagno elettrico
Construction - Wood Siding
Construction - Wood Frame
Construction - Stucco
Cooling - Multi-split AC
Raffreddamento - Aria condizionata centralizzata
Deposito
Animali ammessi
COSTO MENSILE TOTALE
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