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422 E Citrus Ave
For Sale $490,000 ($172.47 per Sq Ft)
$490,000 ($172.47 per Sq Ft)
- 5 Bedrooms
- 4 Bathrooms
- 2,841 Sq Ft
- 12,749 Sq Ft
Description
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $490,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,841 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1884 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 111926010007600401 |
| MLS # | G5108016 |
| Property ID | 322603418 |
| Lot Sqft | 12,749 |
| Zoning | SR |
| Total Units | 4 |
| Days on Market | 81 |
| Original List Price | $490,000 |
| Applicances | Electric Water Heater, Range, Range Hood, Refrigerator% |
| Date Updated | March 26, 2026 |
| Date Created | February 17, 2026 |
Listing Provided By
Joel Bornstein an agent of . Lic #3211229
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of March 26, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT