205 S Grove StreetEustis, FL 32726MLS Number O6146514

  • Price: $799,500
  • Est. Mortgage of $/month
  • 203 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726205 S Grove Street Eustis FL 32726
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  • 8Bedrooms
  • 0.4Acreage
  • 7Bathrooms
  • 1924Year Built
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.
Listing Courtesy of COUNTRYWIDE REALTY PARTNERS LLC

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More Info

Location Information

  • Road Frontage DescriptionAsphalt

Rooms

  • Bedrooms8

Location

  • Address205 S Grove Street
  • AreaEustis
  • CountyLake
  • Exterior Features Private Mailbox, Rain Gutters
  • StateFL
  • SubdivisionEustis
  • TownEustis
  • Township 19S
  • Zip32726

Amenities

  • Other AmenitiesFireplace

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Other

  • Date Listed10/03/2023
  • MFR Annual Net Income $66,102
  • MFR Flood Zone Code X
  • View Count28

Basic Information

  • List Price$799,500
  • MLS NumberO6146514
  • Mls Status Active
  • StatusACT

Building

  • Bathroom7
  • Construction Materials Wood Frame
  • Fireplace YN Yes
  • Foundation Details Other
  • RoofShingle
  • Units7
  • Year Built1924

Property Information

  • Acreage0.4
  • Lot Size Dimensions 79x242
  • Lot Size Square Feet 17,424
  • MFR Living Area Meters 377
  • MFR Lot Size Square Meters 1,619
  • MFR Total Acreage 1/4 to less than 1/2
  • Square Feet4,066

Tax Information

  • Tax Year 2022
  • Taxes$3,561

Basic Information

  • Property SubTypeMulti-Family
  • Special Listing Conditions None
  • Virtual TourView Tour

Property

  • ZoningRT

Utilities

  • Cooling Wall/Window Unit(s)
  • Sewer Other
  • Utilities Cable Available, Electricity Available, Water Available
  • Water Source Public
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of April 22, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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