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422 E CITRUS AVENUE

Multi-family For Sale
$490,000

BTC: 7.53846154

ETH: 272.22222222

104 days
5 bds
2,841 sqft

Overview

ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.74% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. This "TURNKEY" investment opportunity is 100% Occupied and All Tenants are on Annual Leases. 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 per unit. All units are in good operating condition! 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. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.

Location

Florida • EUSTIS • 32726 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
Guest / Reserved
Year Built:
1884
Lot:
0.29 Acres
Heating:
Central / Electric
Price/sqft:
$172
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$3,915
2025
Pets
Breed Restrictions, Number Limit
All facts and features

  • Flooring

    • Carpet

    • Ceramic Tile

    • Laminate

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Mini-Split Unit(s)

    Appliances

    • Electric Water Heater

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Primary Bedroom Main Floor

    • PrimaryBedroom Upstairs

    • Solid Wood Cabinets

    • Split Bedroom

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Parking

    • Guest

    • Reserved

    Property

    • Levels: Two

    • Exterior Features: Lighting / Sidewalk

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 111926010007600401

    • Zoning: SR

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,915

  • Source details

    • MLS ID: G5108016

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: None

    • Lot Features: City Lot / Level / Near Public Transit / Sidewalk

    • Patio And Porch Features: Front Porch / Patio / Rear Porch / Screened

    • Window Features: Window Treatments

    • Living Area: 2841

    • Water Source: Public

    • Lot Size Dimensions: 55 x 234

    • Subdivision Name: EUSTIS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32726
164
median $320K
Active
Same city
EUSTIS
285
median $380K
Active
Same type
Multi-family
6
median $460K
Active
Similar price
$343K – $637K
102
median $448K
Active

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: ROCK SPRINGS REALTY, LLC