Eustis Homes with Split Level Property Description

Welcome to Eustis, Florida—a charming city nestled in the heart of Lake County, known for its picturesque landscapes and a warm, welcoming community. With its rich history and vibrant culture, Eustis offers a unique blend of small-town charm and modern living. The city is surrounded by beautiful lakes, parks, and recreational areas, making it an ideal spot for outdoor enthusiasts and families alike.

Eustis boasts a variety of residential options, including the sought-after split-level homes that have become a staple in this delightful community. These properties are not only aesthetically pleasing but also incredibly functional, providing ample space for families to grow and thrive. Split-level homes in Eustis often feature distinct living areas that promote both privacy and togetherness—perfect for hosting family gatherings or enjoying quiet evenings at home.

The architectural design of split-level homes typically includes multiple levels, allowing for a natural separation of living spaces. This layout often includes a spacious living room, a cozy family room, and well-appointed bedrooms, all thoughtfully designed to maximize both space and comfort. Many of these homes also come with outdoor areas that encourage relaxation and entertaining, making them perfect for enjoying Florida's beautiful weather.

Living in Eustis means you'll have access to excellent schools, vibrant community events, and a variety of shopping and dining options. Whether you're looking for a place to settle down or an investment opportunity, Eustis and its charming split-level homes are sure to capture your heart. Embrace the Florida lifestyle and discover the perfect home in this enchanting city!

$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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