205 S GROVE STREET EUSTIS FL 32726 MLS #O6146514 | Gary Kusher | Florida Real Estate

205 S GROVE STREET
EUSTIS, FL, 32726
$799,000
8 Beds
7 Baths
4,066 SqFt
0.4 Acres
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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.

Property Details

Price:
$799,000
MLS #:
O6146514
Status:
Active
Beds:
8
Baths:
7
Address:
205 S GROVE STREET
Type:
Multi Family
Subdivision:
EUSTIS
City:
EUSTIS
Listed Date:
Oct 2, 2023
State:
FL
Finished Sq Ft:
4,066
ZIP:
32726
Lot Size:
17,424 sqft / 0.40 acres (approx)
Year Built:
1924
Units:
7
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Gary Kusher

Gary Kusher

Broker Associate

Phone 239 298-6550

I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Cooling
Wall/ Window Unit(s)
Heating
None

Exterior

Construction Materials
Wood Frame
Exterior Features
Private Mailbox, Rain Gutters
Roof
Shingle

Financial

Buyer Agent Compensation
2%%
Tax Year
2022
Taxes
$3,562

Map

Community

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205 S GROVE STREET
EUSTIS, FL