To schedule a showing of 422 E Citrus Avenue, Eustis, Florida, Call David Shippey at 863-521-4517 TODAY!
$490,000 | 5 beds | N/A full baths | N/A half baths | 2,841 sqft
Eustis, FL 32726
- 5Beds
- 4.00Total Baths
- 0 Full, 0 HalfBaths
- 2,841SqFt
- 1884Year Built
- 0.29Acres
- MLS# G5108016
- Income
- Quadruplex
- Active
- Approx Time on Market3 months, 21 days
- Area32726 - Eustis
- CountyLake
- Subdivision Eustis
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.
Agriculture / Farm
Association Fees / Info
Community Features: StreetLights, Sidewalks
Pets Allowed: BreedRestrictions, NumberLimit, SizeLimit, Yes
Bathroom Info
Total Baths: 4.00
Building Info
Window Features: WindowTreatments
Roof: Metal, Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Patio: RearPorch, FrontPorch, Patio, Screened
Exterior Features: Lighting
Fees / Restrictions
Financial
Gross Income: 47,220
Expense Tenant: Electricity
Original Price: $490,000
Garage / Parking
Parking Features: Assigned, Guest
Green / Env Info
Interior Features
Floors: Carpet, CeramicTile, Laminate, Wood
Levels: Two
Laundry Features: None
Interior Features: BuiltInFeatures, CeilingFans, EatInKitchen, KitchenFamilyRoomCombo, MainLevelPrimary, SplitBedrooms, UpperLevelPrimary, WalkInClosets, WoodCabinets, WindowTreatments, Attic
Appliances: ElectricWaterHeater, Range, Refrigerator, RangeHood
Lot Info
Direction Remarks: Driving Directions: From Hwy 441 in Eustis, head north on S. Bay Street (Hwy 19) for approximately 2 miles. Turn right onto Citrus Ave and follow down. Property will be down on the right.
Number of Lots: 1
Lot Size Units: Acres
Lot Size Acres: 0.29
Lot Sqft: 12,749
Est Lotsize: 55x234
Lot Desc: CityLot, Flat, Level, NearPublicTransit
Misc
Other
Special Conditions: None
Other Rooms Info
Basement: CrawlSpace
Property Info
Section: 11
Class Type: Quadruplex
Property Sub Type: Quadruplex
Construction Materials: WoodFrame
Stories: 2
Foundation: Crawlspace
Human Modified: Yes
Sqft Info
Sqft: 2,841
Bulding Area Sqft: 3,205
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: 4
Tax Legal Description: EUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76, RUN N TO PT 44 FT S OF N LINE OF LOT 4, E 4 FT, N 44 FT, E 51 FT, S TO S LINE LOT 4, W TO POB PB 1 PG 79 ORB 858 PGS 1609-1614
Tax Block: 76
Tax Annual Amount: 3915
Tax Book Number: 1-79
Unit Info
Total Units: 4
Total Actual Rent: 3,935
Utilities / Hvac
Heating: Central, Electric
Water Source: Public
Sewer: PublicSewer
Cool System: Ductless, CeilingFans
Heating: Yes
Utilities: CableAvailable, ElectricityConnected, HighSpeedInternetAvailable, PhoneAvailable, SewerConnected, WaterConnected
Waterfront / Water
Directions
Driving Directions: From Hwy 441 in Eustis, head north on S. Bay Street (Hwy 19) for approximately 2 miles. Turn right onto Citrus Ave and follow down. Property will be down on the right.This listing courtesy of Rock Springs Realty, Llc
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MLS IDX data last updated on 06-07-2026 8:01 PM EST.
If you have any questions on 422 E Citrus Avenue, Eustis, Florida, please call David Shippey at 863-521-4517.
MLS# G5108016 located at 422 E Citrus Avenue, Eustis, Florida is brought to you by David Shippey REALTOR®
422 E Citrus Avenue, Eustis, Florida has 5 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 422 E Citrus Avenue, Eustis, Florida is G5108016.
The price for 422 E Citrus Avenue, Eustis, Florida is $490,000.
The status of 422 E Citrus Avenue, Eustis, Florida is Active.
The subdivision of 422 E Citrus Avenue, Eustis, Florida is Eustis.
The home located at 422 E Citrus Avenue, Eustis, Florida was built in 2026.