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.
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DAYS ON MARKET
|
102
|
LAST UPDATED
|
7/17/2025
|
|
TRACT
|
EUSTIS
|
YEAR BUILT
|
1925
|
|
COMMUNITY
|
32726 - Eustis
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GARAGE SPACES
|
4.0
|
|
COUNTY
|
Lake
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| Elementary School |
Eustis Elem |
| Jr. High School |
Eustis Middle |
| High School |
Eustis High School |
| AIR |
Ductless |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater, Range, Range Hood, Refrigerator |
| AREA |
32726 - Eustis |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Frame, Stucco |
| EXTERIOR |
Awning(s), Lighting, Storage |
| GARAGE |
Yes |
| HEAT |
Central, Electric |
| INTERIOR |
Built-in Features, Walk-In Closet(s) |
| LOT |
0.32 acre(s) |
| LOT DESCRIPTION |
Landscaped, Level, Paved |
| LOT DIMENSIONS |
60x234 |
| PARKING |
Assigned, Guest, Open |
| SEWER |
Public Sewer |
| STORIES |
Split/Multi Level |
| STYLE |
Historic |
| SUBDIVISION |
EUSTIS |
| TAXES |
3680 |
| UTILITIES |
Electricity Available, Sewer Connected, Water Connected |
| WATER |
Public |
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Vargas to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Joel Bornstein, ROCK SPRINGS REALTY, LLC, 877-333-2811
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/27/25 3:26 AM PDT.
This IDX solution is (c) Diverse Solutions 2025.
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