Eustis Homes with Split Level Property Description

Welcome to the charming subdivision of Eustis, nestled in the heart of Lake County, Florida. This picturesque city offers a perfect blend of small-town charm and modern amenities, making it an ideal place to call home.

One of the unique features of the homes in Eustis is the prevalence of split-level properties. True to their description, these homes offer distinct levels that provide both functionality and style. With separate living areas that flow seamlessly into one another, split-level homes in Eustis are perfect for families looking for a bit of extra space without sacrificing coziness.

Imagine coming home to a beautifully designed property where each level offers its own purpose, whether it's a cozy family room for movie nights or a spacious kitchen for entertaining guests. The versatility of split-level homes allows for endless possibilities when it comes to decorating and personalizing your space.

In addition to the allure of split-level properties, Eustis boasts a friendly community, top-rated schools, and easy access to shopping, dining, and outdoor activities. Whether you're a first-time homebuyer or looking to upgrade to a larger space, Eustis offers a variety of real estate options to suit your needs.

Come discover the unique charm of Eustis and find your dream home in this vibrant subdivision. Experience the best of Florida living in a split-level property that combines functionality with style. Your new home in Eustis awaits!

$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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