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Ingresa o Registro

527 E LEMON AVENUE

Comercial En Venta
$629,000

BTC: 9.79909365

ETH: 356.79036156

1 días
0 room(s)
5,415 sqft

Visión general

Investment Opportunity – 6-Unit Multifamily Property Near Historic Downtown Eustis. Great opportunity to acquire a 6-unit multifamily property located just minutes from historic downtown Eustis, waterfront parks, shopping, dining, and entertainment. Originally built in 1919, this income-producing property offers historic character combined with significant upside potential. The property consists of six residential units with four units currently occupied and two vacant units currently available for lease, providing an immediate opportunity to increase cash flow. Unit mix includes one 3-bedroom/2-bath unit, one 2-bedroom/1-bath unit, and four 1-bedroom/1-bath units. Several tenants have established rental histories, with a combination of long-term occupants and month-to-month tenancy providing flexibility for future management strategies. The current owner has invested considerable effort into improving the property's marketability and ownership position, including successfully completing a quiet title action resulting in clear title, resolving prior open permit issues, and addressing foundation-related concerns. Conveniently located within close proximity to downtown Eustis and major transportation corridors, the property is well-positioned to benefit from continued growth throughout Lake County. With two vacant units ready for lease-up and several existing rents offering potential for future adjustment, investors have the opportunity to increase income and maximize returns. This property presents an excellent opportunity for investors seeking a value-add multifamily asset with much of the heavy lifting already completed. Rent roll, lease information, and operating expense summary available upon request. Buyer to verify all measurements, zoning, future use, financial projections, and all information deemed important to the buyer. Do not disturb tenants. Showings by appointment only.

Ubicación

Florida • EUSTIS • 32726 • Comercial • En Venta

Detalles

Tipo:
Commercial Sale
Estacionamiento:
Sin datos
Año de construcción:
1919
Lote:
0.57 Hectáreas
Calefacción:
Natural Gas
precio por sq. medidor:
$116
Enfriamiento:
Wall/Window Unit(s)
HOA:
Sin datos

Destacados

Annual tax
$7,283
2025
Más hechos y características

  • Calefacción

    • Natural Gas

    Enfriamiento

    • Wall/Window Unit(s)

  • Propiedad

    • Pisos: Two

    Lote

    • Lote: 0.57 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 111926010007600007

    • Zonificación: SR

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

    • Subtipo de propiedad: Multi Family (5+)

  • Utilidad

    • Electricity Available

    • Natural Gas Available

  • Otra información financiera

    • Importe anual de impuestos: $7,283

  • Detalles de la fuente

    • MLS ID: G5113226

    Otros hechos

    • Materiales de construcción: Wood Frame

    • Detalles de la fundación: Crawlspace

    • Características del lote: Corner Lot / Sidewalk

    • Salón: 5415

    • Fuente de agua: Public

    • Tamaño de la parcela: 138 x 180

    • Nombre de subdivisión: EUSTIS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ORISON PROPERTIES INC.