104 S GROVE ST EUSTIS, FL 32726

Features

• Price/sqft: $186
• Lot Size: 18828 sq. ft.
• Total Units: 4
• Stories: 100
• Roof Type: Asphalt
• Heating: 4
• Construction Type: Frame
• Exterior Walls: Wood

Facts

• Year Built: 01/01/1914
• Property ID: 821776461
• MLS Number: O6146517
• Parcel Number: 11-19-26-0100-078-00001
• Property Type: Multi-family (5 or more units)
• County: LAKE
• Legal Description: EUSTIS BEG AT NE COR BLK RUN W 130 FT S 63.75 FT E 21 FT S 107 FT W 31 FT S 12.27 FT E 70 FT N 52 FT E 70 FT N TO POB BLK 78 PB 1 PG 79 ORB 6098 PG 2032
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.