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Description
Currently 100% leased, the property generates $6,750 in scheduled monthly rent, or $81,000 annually. The apartment mix includes two studios, two one-bedroom units, one two-bedroom unit, and one three-bedroom unit. Seller-reported improvements include a new roof, new paint, newer air-conditioning equipment, updated appliances and cabinets, tile flooring, and tiled showers. These completed improvements and established leases offer an attractive starting point for investors seeking a turnkey acquisition with ongoing rental operations. For investors purchasing from outside Florida, financial information, renovation details, and property tours are available upon request to support remote evaluation and acquisition planning.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.43 Acres
Roof Type: Shingle
Taxes: $5,251
Year Built: 1914
General Information
Bedrooms: 7
Sqft: 3,256
County: Lake
Subdivision: EUSTIS
Listed By:
Juan Vazquez
COUNTRYWIDE REALTY PARTNERS, LLC
407-401-3739
MLS ID: R4912200
Amenities
Ninguno
None
Other
Property Features
Annual Net Income: 81000.00
Days on Site: 3
Directions: From US-441, head north on SR-19 (Bay Street) toward downtown Eustis. Turn left onto E Citrus Avenue, then left onto S Grove Street. Property is located at 104 S Grove Street, near the corner of Grove Street and Citrus Avenue.
Exterior: Frame, Wood Siding
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.43
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Before Showing, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
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104 S Grove Street , Eustis, FL 32726.
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Estimated Payment
$ 2,691.25 per month $2,074.29 Principal & Interest $437.58 Property Tax $179.38 Homeowner's InsuranceChange Payment Information
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