Rare Classic 1934 Gas Station with additional Residential Cottage rental. The possibilities are endless for a new business owner or investor. Currently rented as an auto repair business and the cottage as well. The Garage has two auto bays, office space, 3 parts storage rooms, auto lift, bathrooms and even an oil change pit. There is plenty of parking. This quaint commercial building is enhanced by the covered parking entrance leading into a big office. Updates include a newer roof and electrical upgrades. The rental unit is a 1-bedroom residential apartment. Contact your agent and
NEW ROOF IN 2022. Full Renovation in 2022. This is a rare opportunity for investors or those seeking a new home! This property includes 6 fully rented units, ensuring a dependable and consistent revenue stream. Situated in a lively and well-connected neighborhood with convenient access to key amenities, it also presents opportunities for upgrades to boost its value further. With a solid history of high occupancy and reliable rental income, it's perfect for anyone aiming to optimize their investment. Seize the chance to acquire a valuable asset in a highly desirable location!
This is an exceptional opportunity for investors or anyone looking to reside! This property, with 7 fully occupied units, provides a stable and reliable income stream. Located in a vibrant and convenient neighborhood with easy access to essential amenities, it also offers renovation potential to further increase its value. With a proven track record of high occupancy and consistent rental yields, it is the perfect choice for those looking to maximize their returns. Don't miss the opportunity to own a profitable asset in a highly sought after area!
This Triplex offers an excellent investment opportunity! 2 units are currently rented with at least 6 months remaining. Each unit has been fully tiled and with appliances included. The property is low-maintenance and income-generating, featuring two one-bedroom, one-bath units, and one two-bedroom, one-bath unit. The larger unit also includes a bonus room that can serve as a third bedroom, along with both a living room and a Florida room. All units come with a washer and dryer and have their own parking areas. The property is set in a private, fenced yard adorned with beautiful oak trees.
Under Construction. New Construction. 2 unit townhome. Never lived in. Ready for tenants. No HOA, No CDD. Metal roof. Concrete block and stucco on slab. Super low maintenance. If you prefer to buy with tenants, Buyer will provide quality, screened tenants prior to closing.
This Full Duplex is an excellent investment property! Unit 24 is a 2 bed/ 2 bath currently leased at $1,325 per month until 1/31/25. Unit 26 is a larger 2 bed/ 2 bath unit currently leased at $1,475 per month until 8/31/25. Tenant’s pay their own power and water. Each side is a spacious 2 bedroom/2 bathroom and includes a carport and lovely porch. A good-sized kitchen offers a pantry and plenty of cabinet storage. Indoor laundry is convenient for tenants or homeowners. A fenced backyard offers privacy for these big, naturally shaded areas where there’s plenty of room to run or add patio furniture. All major systems are relatively newer and fully operational. The roof is approximately 10 years old. Plumbing consists of copper supply lines and PVC waste lines. Water Heaters are 2014 & 2019. HVACs are 2015. Real Estate Taxes 2024 are $5,318. The seller currently pays $1,925 for the annual insurance premium. This duplex is surrounded by the nearby lakes and conservation areas, with many options for outdoor activities.
"REDUCED PRICE" - ATTENTION INVESTORS: (2) QUADPLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS KICKING OFF $95,000.00 IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Block from downtown, this is a "turnkey" investment opportunity, 100% occupancy, annual tenants, providing a solid 8% CAP-RATE ROI. These two separate quadplexes sits on .62 acres (115'x 232') with "NO HOA" and offer 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. NOTE: SELLER FINANCING AVAILABLE FOR A SMALL PERCENTAGE (25% +/-) OF THE PURCHASE PRICE FOR QUALIFIED BUYERS. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed upon request. Detailed financials are available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown and Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market which shows units could still be competitive with an additional 10%-15% rent increase on annual renewals. "EVERY BUYER" will be required to sign an NDA (non-disclose agreement) prior to receiving the actual financials. PLEASE DO NOT ENGAGE OR DISTURB ANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Broker only. 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, Parcel ID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information.
Eustis is located in Florida. Eustis, Florida has a population of 22,532. Eustis is less family-centric than the surrounding county with 20.84% of the households containing married families with children. The county average for households married with children is 23.98%.
The median household income in Eustis, Florida is $55,298. The median household income for the surrounding county is $60,013 compared to the national median of $69,021. The median age of people living in Eustis is 40.4 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 45.6 degrees. The average rainfall is approximately 51.2 inches per year, with 0 inches of snow per year.