Eustis Homes with Quadruplex Property Style

Eustis Homes with Quadruplex Property Style

Welcome to Eustis, Florida—a charming city nestled in the heart of Lake County, known for its picturesque landscapes, vibrant community, and rich history. Eustis offers a unique blend of small-town charm and modern amenities, making it an ideal place to call home. With its stunning lakes, lush parks, and friendly neighborhoods, this area is perfect for families, retirees, and anyone looking to enjoy the beautiful Florida lifestyle.

One of the standout features of Eustis is its diverse housing options, including the increasingly popular quadruplex property style. These multi-family homes provide a fantastic opportunity for both investors and homeowners alike. A quadruplex allows for four separate living units, making it an excellent choice for those looking to generate rental income or accommodate extended family members while maintaining their own privacy.

Living in a quadruplex in Eustis means you can enjoy the benefits of community living while having the space and flexibility that a traditional single-family home might not offer. Imagine the possibilities: hosting family gatherings, creating a cozy rental space, or simply enjoying the company of neighbors just steps away.

Eustis is also conveniently located near major highways, providing easy access to nearby cities like Orlando and Mount Dora, where you can explore shopping, dining, and entertainment options. With its welcoming atmosphere, beautiful surroundings, and the unique advantages of quadruplex living, Eustis is truly a hidden gem in Central Florida. Come discover your perfect home in this delightful community!

Newest Eustis Homes with Quadruplex Property Style

422 & 426 E Citrus Avenue, Eustis
$939,800
13 Beds ⋅ 8 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
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.

422 & 426 E Citrus Avenue, Eustis
422 E Citrus Avenue, Eustis
$469,900
5 Beds ⋅ 4 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
"NEW PRICE"- ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 7.03% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. This "TURNKEY" investment opportunity is 100% Occupied 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 per unit. All units are in good operating condition! 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. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.

422 E Citrus Avenue, Eustis
426 E Citrus Avenue, Eustis
$469,900
4 Beds ⋅ 4 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
"NEW PRICE"- ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING, PLUS (4) STORAGE RENTAL UNITS FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.82% CAP Rate with Additional Revenue Potential. This "TURNKEY" investment opportunity is 100% Occupied 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. ALSO, the Quad-Plex next door is also listed for sale (422 E. Citrus Ave.), see MLS#G5108332.

426 E Citrus Avenue, Eustis
Start Your Search

How much is your home worth?

Get instant property value now!