MOTIVATED SELLER!! Potential monthly gross income of $10,500!! Cash Cow! Outstanding Investment Opportunity in Prime Location!
This beautifully renovated 7 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 7 units that have been fully updated with modern finishes, appliances, fixtures and flooring. Units feature air conditioning, dishwashers and generous space.
Financial highlights:
7 units
100% occupied
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 beautifully renovated 7 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 7 units that have been fully updated with modern finishes, appliances, fixtures and flooring. Units feature air conditioning, dishwashers and generous space.
Financial highlights:
7 units
100% occupied
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.
Property Details
Price:
$799,500
MLS #:
O6146514
Status:
Active
Beds:
8
Baths:
7
Address:
205 S GROVE STREET
Type:
Multi Family
Subdivision:
EUSTIS
City:
EUSTIS
Listed Date:
Oct 2, 2023
State:
FL
Finished Sq Ft:
4,066
ZIP:
32726
Lot Size:
17,424 sqft / 0.40 acres (approx)
Year Built:
1924
Units:
7
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
None
Exterior
Construction Materials
Wood Frame
Exterior Features
Private Mailbox, Rain Gutters
Roof
Shingle
Financial
Buyer Agent Compensation
2%%
Tax Year
2022
Taxes
$3,562
Map
Community
- Address205 S GROVE STREET EUSTIS FL
- CityEUSTIS
- CountyLake
- Zip Code32726
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Courtesy of COUNTRYWIDE REALTY PARTNERS LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 205 S GROVE STREET
EUSTIS, FL
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