104 S Grove StreetEustis, FL 32726MLS Number O6146517

  • Price: $699,000
  • Est. Mortgage of $/month
  • 235 Days on Market
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Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726104 S Grove Street Eustis FL 32726
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  • 0.42Acreage
  • 1924Year Built
  • 3,742Square Feet
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.
Listing Courtesy of COUNTRYWIDE REALTY PARTNERS LLC

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Location Information

  • Road Frontage DescriptionAsphalt

Basic Information

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

Property

  • ZoningRT

Utilities

  • Cooling Wall/Window Unit(s)
  • Sewer Other
  • Utilities Electricity Available, Water Available
  • Water Source Public

Other

  • Date Listed10/06/2023
  • MFR Annual Net Income $57,288
  • MFR Flood Zone Code X
  • View Count27

Basic Information

  • List Price$699,000
  • MLS NumberO6146517
  • Mls Status Active
  • StatusACT

Building

  • Construction Materials Wood Frame
  • Foundation Details Other
  • RoofShingle
  • Units5
  • Year Built1924

Property Information

  • Acreage0.42
  • Lot Size Dimensions 79x242
  • Lot Size Square Feet 18,381
  • MFR Living Area Meters 347
  • MFR Lot Size Square Meters 1,708
  • MFR Total Acreage 1/4 to less than 1/2
  • Square Feet3,742

Tax Information

  • Tax Year 2022
  • Taxes$4,339

Location

  • Address104 S Grove Street
  • AreaEustis
  • CountyLake
  • Exterior Features Other
  • StateFL
  • SubdivisionEustis
  • TownEustis
  • Township 19S
  • Zip32726

Water Body

  • MFR Water Access YN No
  • Water ViewNo
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of May 27, 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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