1. Florida
2. Eustis
3. 426 E CITRUS AVENUE

426 E CITRUS AVENUE, Eustis, FL 32726

• 4 beds |
• 4 baths |
• 2,304 sqft

Property Description

ATTENTION INVESTORS & HOMEOWNERS: QUADPLEX APARTMENT BUILDING, PLUS (4) STORAGE RENTAL UNITS, SOLID 5.57% CAP RATE, EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. "Turnkey" investment opportunity, Generates $50,100.00 in Cash Flow and a Solid 5.57% CAP Rate with Upside, 100% occupancy and all tenants on annual leases. Homeowners can live in (1) unit and rent out the other units. No "HOA". City of Eustis water & sewer. Unit Profile: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch. (2) Dedicated Parking Spaces. All units were fully remodeled and updated in 2019. The property also includes a detached (4-unit) rental storage building with roll-up doors that generates $500.00 in monthly income. The property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. PLEASE DO NOT ENGAGE OR DISTURB TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Agent only.

Listing Status:

Active

Date Added:

July 17, 2025 at 05:00AM

Listing Office:

ROCK SPRINGS REALTY, LLC : 877-333-2811

Listing Agent:

Joel Bornstein : 877-333-2811

MLS ID:

G5099670

Interior

• General: Built-in FeaturesCeiling Fan(s)Living Room/Dining Room ComboPrimary Bedroom Main FloorPrimaryBedroom UpstairsSplit BedroomThermostatWalk-In Closet(s)Window Treatments
• Rooms: Bonus RoomFamily Room
• Appliances: Electric Water HeaterRangeRange HoodRefrigerator
• Laundry: None
• Flooring: LaminateLuxury VinylHardwood
• A/C: Mini-Split Unit(s)
• Heating: CentralElectric

Exterior

• General: Awning(s)LightingSidewalkStorageStorage
• Style: Historical
• Parking: AssignedGround LevelGuestOpen

Construction

• Roofing: Membrane
• Windows: Aluminum FramesBlindsWindow Treatments
• General: StuccoWood FrameMulti/SplitCrawlspaceSlab

Location

• Road/Access: Street Paved
• Originating MLS: Stellar MLS
• County: Lake

Lot

• Zoning: SREUSTIS E 61.36 FT OF LOT 4 BLK 76 PB 1 PG 79 ORB 5291 PG 2443 "AND" EUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76RUN N TO PT 44 FT S OF N LINE OF LOT 4E 4 FTN 44 FTE 51 FTS TO S LINE LOT 4W TO POB PB 1 PG 79 ORB 5011 PG 2109111926010007600403

Utilities

• Utilities: BB/HS Internet AvailableElectricity AvailablePublicSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS

This listing courtesy of Joel Bornstein, ROCK SPRINGS REALTY, LLC