Eustis Homes with Split Level Property Description

Welcome to Eustis, Florida, a charming city nestled in the heart of Lake County. Known for its picturesque landscapes and vibrant community, Eustis offers a tranquil lifestyle with easy access to all the amenities you could desire. With its rich history and stunning waterfront views along Lake Eustis, this area is perfect for those seeking a blend of natural beauty and small-town charm.

Eustis is home to a diverse range of neighborhoods, each boasting unique characteristics that cater to various lifestyles. One of the standout features of this area is the availability of split-level homes, which are perfect for families and individuals seeking functional living spaces. These homes are designed to provide both privacy and togetherness, featuring multiple levels that create distinct areas for relaxation, work, and play.

Split-level properties in Eustis often come with spacious layouts, allowing for seamless transitions between living areas. With ample room for entertaining, these homes typically include inviting family rooms, cozy nooks, and generous bedrooms, making them ideal for both gatherings and quiet evenings at home. Many of these residences are situated on beautifully landscaped lots, offering outdoor spaces perfect for barbecues, gardening, or simply enjoying the Florida sunshine.

Living in Eustis means embracing a lifestyle filled with outdoor activities, community events, and a strong sense of belonging. Whether you're exploring the nearby parks, indulging in local dining, or taking a leisurely stroll along the lake, Eustis is a place where you can truly feel at home. Discover the charm of split-level living in this idyllic city, and experience the best that Florida has to offer!

$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

Eustis Homes with Split Level Property Description

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