About 426 E Citrus Avenue
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.
Features of 426 E Citrus Avenue
| MLS® # | G5099670 |
|---|---|
| Price | $575,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,304 |
| Acres | 0.32 |
| Year Built | 1925 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Historical |
| Status | Active |
Community Information
| Address | 426 E Citrus Avenue |
|---|---|
| Area | Eustis |
| Subdivision | EUSTIS |
| City | EUSTIS |
| County | Lake |
| State | FL |
| Zip Code | 32726-4169 |
Amenities
| Parking | Assigned, Ground Level, Guest, Open |
|---|---|
| # of Garages | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Built-in Features, Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments |
|---|---|
| Appliances | Electric Water Heater, Range, Range Hood, Refrigerator |
| Heating | Central, Electric |
| Cooling | Mini-Split Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Awning(s), Lighting, Sidewalk, Storage |
|---|---|
| Lot Description | City Lot, Landscaped, Level, Sidewalk |
| Roof | Membrane |
| Foundation | Crawlspace, Slab |
School Information
| Elementary | Eustis Elem |
|---|---|
| Middle | Eustis Middle |
| High | Eustis High School |
Additional Information
| Date Listed | July 17th, 2025 |
|---|---|
| Days on Market | 78 |
| Zoning | SR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ROCK SPRINGS REALTY, LLC |
|---|