Eustis Homes with Split Level Property Description

Welcome to the charming city of Eustis, Florida, nestled in the picturesque Lake County! Known for its stunning lakes and lush landscapes, Eustis offers a serene lifestyle with all the conveniences of modern living. This vibrant community is rich in history and is celebrated for its friendly atmosphere, making it an ideal place to call home.

Eustis boasts a variety of beautiful neighborhoods, and one of the most sought-after features among homebuyers in this area is the split-level home design. These unique properties provide a perfect blend of style and functionality. With their multi-level layouts, split-level homes offer ample space, allowing for distinct living areas that cater to both privacy and togetherness. Imagine cozy family gatherings in the spacious living room, while the lower levels can serve as a perfect retreat for guests or an engaging play area for children.

The split-level homes in Eustis often come with modern amenities and thoughtful designs, providing an inviting ambiance that complements the natural beauty surrounding them. Many of these homes are situated on generous lots, allowing for outdoor activities and gardening, while still being close to local parks, shopping, and dining options.

Eustis is not just a place to live; it’s a community where neighbors become friends and nature is just a step away. Whether you’re looking for a family home or a tranquil retreat, Eustis and its charming split-level properties await you with open arms. Come and discover the perfect blend of comfort, style, and community in this delightful corner of Florida!

$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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