Eustis Homes with Split Level Property Description

Welcome to the charming subdivision of Eustis, nestled in the heart of Lake County, Florida. Known for its picturesque landscapes and friendly community, Eustis offers a unique blend of small-town charm and modern conveniences. With its rich history, vibrant culture, and stunning waterfront views of Lake Eustis, this area is a hidden gem that attracts families, retirees, and nature enthusiasts alike.

One of the standout features of homes in this delightful subdivision is the availability of split-level properties. These homes are designed to maximize space and functionality, featuring multiple levels that create distinct living areas without sacrificing privacy. Ideal for families or those who love to entertain, split-level homes often include spacious living rooms, cozy family areas, and generous bedrooms, providing ample room for everyone to spread out and enjoy their own space.

Eustis is not just about beautiful homes; it also boasts an array of amenities. Residents have access to parks, recreational facilities, and a charming downtown area filled with boutique shops and delightful eateries. The community is known for its warm and welcoming atmosphere, making it easy to forge lasting friendships with neighbors.

Whether you’re looking for a peaceful retreat or a vibrant community to call home, Eustis offers the perfect blend of both. Explore the possibilities of split-level living in this enchanting subdivision, and discover why so many have chosen to make Eustis their home sweet home.

$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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