About 104 South Grove Street
MOTIVATED SELLER!! Potential gross income of $7500 per month!! Cash Cow!! Outstanding Investment Opportunity in Prime Location! This beautifully renovated 4 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 units that have been fully updated with modern finishes, appliances, fixtures and flooring. Units feature air conditioning, dishwashers and generous space. Financial highlights: 4 units 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. This turnkey asset presents the ideal entry point for investors seeking cash flowing multifamily in a market poised for growth. Just a short drive to major employers, attractions, healthcare facilities and transportation corridors.
Features of 104 South Grove Street
MLS® # | O6146517 |
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Price | $699,500 |
Bathrooms | 0.00 |
Square Footage | 3,742 |
Acres | 0.42 |
Year Built | 1924 |
Type | Residential Income |
Sub-Type | Multi-Family |
Status | Active |
Community Information
Address | 104 South Grove Street |
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Area | Eustis |
Subdivision | EUSTIS |
City | EUSTIS |
County | Lake |
State | FL |
Zip Code | 32726 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Interior Features | Other |
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Heating | None |
Cooling | Wall/Window Unit(s) |
Fireplace | No |
Exterior
Exterior Features | Other |
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Roof | Shingle |
Foundation | Other |
Additional Information
Date Listed | October 6th, 2023 |
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Days on Market | 204 |
Zoning | RT |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Juan Vazquez |
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Office | COUNTRYWIDE REALTY PARTNERS LLC |