1. Home
  2. Florida
  3. Lake Eustis

ATTENTION INVESTORS & HOMEOWNERS: QUADPLEX APARTMENT BUILDING $575,000

426 E CITRUS AVENUE, Eustis, FL 32726

4 br, 4.0 ba, 1925 2304 sf
Lake County
Ad #: 6424259

Lake Home For Sale

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.

Property Details

  • Beds: 4
  • Baths: 4.0
  • Sq Feet: 2304
  • Year Built: 1925
  • Location: Lake Eustis
  • Acres: 0.320
  • County: Lake County
  • Community: EUSTIS
  • Heat/AC: Central, Electric (Heating)
  • Garage: Assigned, Garage, Guest, Open
  • Siding: Frame, Stucco
  • Roof: Membrane
  • Property Taxes: $3,680
  • MLS #: G5099670

Location

Click on map to activate
(Open in Google Maps)   (Bing Map)  (Mapquest Map)

Contact Information:

Contact Agent
Listing Agent: Joel Bornstein, Rock Springs Realty, LLC, 877-333-2811, 877-333-2811 Listing Site, Listing Status: Active
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Eustis, Florida
Ad Number : 6424259
Viewed: 21 times
Added: Jul 17, 2025
Updated on: Jul 18, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.