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205 S Grove Street Eustis, FL 32726

$749,000

Total Square Feet

5,306
Lot Size

0.40 acre(s)

Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow.The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenan...

Property Summary

MLS Number: O6367864

Days on Market: 66

Subdivision: EUSTIS

County: Lake

Bedrooms: 0

Total Square Feet: 5,306

New Constuction: No

Construction: Wood Siding

Waterfront: No

Property Type: Commercial - Multiple

Cooling: Mini-Split Unit(s), Wall/Window Unit(s)

Lot Size: 0.40 Acres

Stories: 2.0

Taxes: $4,475

Year Built: 1924

Property Details

Days on Site: 66

Directions: From US-441 in Eustis, head east on W Orange Ave. Turn right onto S Grove St. Continue south; the property is located at 205 S Grove St, Eustis, FL, on the right.

Exterior: Wood Siding

Flood Zone Code: X

Foundation: Crawlspace

Home Warranty Y/N: No

Lot Dimensions: 0.4

Ownership: Corporation

Property Attached Y/N: No

Property Sub-Type: Multi Family

Showing Instructions: 24 Hour Notice, Appointment Only, Call Before Showing

Special Sale Provisions: None

Water Access Y/N: No

Zoning: RT

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Courtesy of

Agency Name: LPT REALTY, LLC
Agency Contact: 877-366-2213
Agent Name: Juan Vazquez

Presented by

Agent Name: The Legacy Group
Agent Phone: 561.282.5207
Agency Title: The Keyes Company

The Legacy Group

keyes.com

Agent Cell:

Office Phone:

561.845.6036

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The Keyes Company is an exclusive member of Forbes Global Properties in Miami-Dade County, Broward County, Palm Beach County, Martin County, Lee County, and Monroe County. Forbes® is a registered trademark used under license.

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