EUSTIS, FL 32726 205 S Grove STREET

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Presented By: COUNTRYWIDE REALTY PARTNERS LLC with 407-401-8790. - 407-401-8790
  • MLS# O6146514
  • 01/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 7
  • SQFT • 4,066

Home Details

MOTIVATED SELLER!! Potential monthly gross income of $10,500!! Cash Cow! Outstanding Investment Opportunity in Prime Location! This beautifully renovated 7 unit multifamily property is fully occupied and ready for a new owner. Located on a quiet street in the heart of Eustis, it offers an ideal setting close to major employers, top schools, shopping, dining and transportation. The property boasts a spacious 7 units that have been fully updated with modern finishes, appliances, fixtures and flooring. Units feature air conditioning, dishwashers and generous space. Financial highlights: 7 units 100% occupied Offered at an 8% cap rate This turnkey asset presents an excellent value-add or buy and hold opportunity in a market with strong demand and favorable demographics. Whether you're looking to add to your portfolio, break into multifamily investing, or 1031 exchange, this property merits your attention. Act quickly, it won't last! Please contact me for additional details or to schedule a showing. This is a rare chance to acquire a fully-leased property producing excellent cash flow in a superb location. Perfect for investors seeking stable returns.
Presented By: COUNTRYWIDE REALTY PARTNERS LLC with 407-401-8790. - 407-401-8790

Interior Features for 205 S Grove STREET

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths7

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NYes
Heating Y/NNo

General for 205 S Grove STREET

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Buyer Agent Compensation2%
Carport Y/NNo
CityEUSTIS
Construction MaterialsWood Frame
CoolingWall/Window Unit(s)
CountyLake
Days on Market253
DirectionsAccess FL-417 N/FL-417 Toll N since University Blvd. Tour to the Right addressed to S Semoran Blvd. Tour to the left for joining FL-417 N/FL-417 Toll N in the direction of Sanford. Continue on FL-417
Exterior FeaturesPrivate Mailbox, Rain Gutters
Flood Zone CodeX
Garage Y/NNo
HOA / Comm AssnNo
HeatingNone
Interior FeaturesOther, Stone Counters
Land Lease Y/NNo
Legal DescriptionEUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 4531 PG 1039
Living Area UnitsSquare Feet
Lot Size Square Feet17424
Lot Size UnitsSquare Feet
MLS Area32726 - Eustis
ModificationTimestamp2024-06-12T16:40:06.867Z
New ConstructionNo
NumberOfUnitsTotal7
Percent OwnershipFee Simple
Property SubTypeMulti Family
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerOther
Standard StatusActive
StatusActive
Subdivision NameEUSTIS
Tax Annual Amount3561.9
Tax Lot7
Tax Year2022
UtilitiesCable Available, Electricity Available, Water Available
View Y/NNo
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1924
ZoningRT

Exterior for 205 S Grove STREET

Foundation DetailsOther
Lot Dimensions79 x 242
Lot Size Acres0.4
Lot Size Area17424
Number of Buildings2
Road Surface TypeAsphalt
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $799,000
MLS#O6146514
List Date 01/01/2024
Property Type Income
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