104 S GROVE STREET EUSTIS FL 32726 MLS #O6146517

104 S GROVE STREET
EUSTIS, FL, 32726
$699,500
Beds
0 Baths
3,742 SqFt
0.42 Acres
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MOTIVATED SELLER!! Potential gross income of $7500 per month!! Cash Cow!! Outstanding Investment Opportunity in Prime Location! This beautifully renovated 4 unit multifamily property is fully occupied and ready for a new owner. Located on a quiet street in the heart of Eustis, it offers an ideal setting close to major employers, top schools, shopping, dining and transportation. The property boasts a spacious units that have been fully updated with modern finishes, appliances, fixtures and flooring. Units feature air conditioning, dishwashers and generous space. Financial highlights: 4 units Offered at an 8% cap rate This turnkey asset presents an excellent value-add or buy and hold opportunity in a market with strong demand and favorable demographics. Whether you’re looking to add to your portfolio, break into multifamily investing, or 1031 exchange, this property merits your attention. Act quickly, it won’t last! Please contact me for additional details or to schedule a showing. This is a rare chance to acquire a fully-leased property producing excellent cash flow in a superb location. Perfect for investors seeking stable returns. This turnkey asset presents the ideal entry point for investors seeking cash flowing multifamily in a market poised for growth. Just a short drive to major employers, attractions, healthcare facilities and transportation corridors.

Property Details

Price:
$699,500
MLS #:
O6146517
Status:
Active
Beds:
0
Baths:
0
Address:
104 S GROVE STREET
Type:
Multi Family
Subdivision:
EUSTIS
City:
EUSTIS
Listed Date:
Oct 6, 2023
State:
FL
Finished Sq Ft:
3,742
ZIP:
32726
Lot Size:
18,381 sqft / 0.42 acres (approx)
Year Built:
1924
Units:
5
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Schools

Interior

Cooling
Wall/ Window Unit(s)
Heating
None

Exterior

Construction Materials
Wood Frame
Exterior Features
Other
Roof
Shingle

Financial

Buyer Agent Compensation
2%%
Tax Year
2022
Taxes
$4,339

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Community

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