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205 S Grove Street

Eustis, FL 32726
  • $799,000
  • STATUS: Active
  • ON SITE: 234 Days
  • MLS #: O6146514
Price Reduced
UPDATED: 164 min ago
$799,000
  • 8
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,066
    SQFT
  • $197
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Ratings & Info

Description

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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-23T23:49:43.197.
www.momentumrealtors.com/homes/143999859
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205 S Grove Street Eustis, FL 32726

  • Price: $799,000
  • Status: Active
  • On Site: 234 Days
  • Updated: 164 min ago
  • MLS #: O6146514
8
Beds
0
Baths
0
½ Baths
0.4
Acres
4,066
SQFT
$197
$/SQFT
1924
Built
Neighborhood:
Eustis
County:
Lake
Area:
Eustis
Property Description
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.
Exterior Features

Carport Yn No Construction Materials Wood Frame Exterior Features Private MailboxRain Gutters Foundation Details Other Lot Size Dimensions 79 x 242 Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Yn Yes Heating None Heating YN No Interior Features OtherStone Counters Sewer Other Water Source Public

Property Features

Annual Net Income 66102 Association Yn No Cdd Yn No Flood Zone Code X Garage Yn No New Construction Yn No Ownership Fee Simple Property Sub Type Multi Family Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3561.9 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailableWater Available Zoning RT


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of COUNTRYWIDE REALTY PARTNERS LLC: 407-401-8790.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-23T23:49:43.197.
 
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12627 San Jose Blvd. 303
Jacksonville FL, 32223