Price Reduction
Address
104 S Grove STREET, EUSTIS, FL
Price
$ 699,500
Property Attributes
- MLS#O6146517
- TypeIncome
- CountyLAKE
- CityEUSTIS
- AreaEustis
- NeighborhoodEustis
- Zip32726
- StyleMulti Family
- Year Built1924
- Taxes$ 4339
- Price$ 699,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3742
- Lot Size0.42 Acres
Data Source:
Stellar MLS
Property Description
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.
| Price History | |
|---|---|
| 10/6/2023 | Listed $750,000 |
| 2/23/2024 | 4% - $720,000 |
| 3/29/2024 | 3% - $699,000 |
General Features
| Interior Features | Other |
|---|---|
| Sewer | Other |
| Heating | None |
| Cooling | Wall/Window Unit(s) |
| Utilities | Electricity Available,Water Available |
| Roof | Shingle |
| Exterior Features | Other |
| Zoning | RT |
| Construction Materials | Wood Frame |
| Year Built | 1924 |
| Property SubType | Multi Family |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| County | Lake |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | EUSTIS |
| Garage Y/N | No |
| Status | Active |
| Directions | Access FL-417 N/FL-417 Toll N since University Blvd. Tour to the Right addressed to S Semoran Blvd. Tour to the left for joining FL-417 N/FL-417 Toll N in the direction of Sanford. Continue on FL-417 |
| City | EUSTIS |
| Buyer Agent Compensation | 2% |
| Senior Community Y/N | No |
| Total Units | 5 |
| MLS Area | 32726 - Eustis |
| Lot Size Square Feet | 18381 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Grove |
| Tax Annual Amount | 4339 |
| Public Remarks | 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 occupie |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6146517 |
| Days on Market | 201 |
| Standard Status | Active |
| Tax Lot | 7 |
| 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 5824 PG 981 |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | No |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 18381 |
| Foundation Details | Other |
| Number of Buildings | 1 |
| Lot Dimensions | 79 x 242 |
| Lot Size Acres | 0.42 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 32726
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on April 28, 2024 6:36 AM UTC The listing information on this page last changed on Last updated on April 28, 2024 6:36 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on April 28, 2024 6:36 AM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
