422 & 426 E Citrus Avenue, Eustis, FL 32726
Local realty services provided by:ERA American Suncoast
422 & 426 E Citrus Avenue,Eustis, FL 32726
$939,000
- 13 Beds
- 8 Baths
- 5,203 sq. ft.
- Multi-family
- Active
Listed by: joel bornstein
Office: rock springs realty, llc.
MLS#:G5117528
Source:MFRMLS
Price summary
- Price:$939,000
- Price per sq. ft.:$161.98
About this home
ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97,000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown. This is a "turnkey" investment opportunity, 100% occupancy, annual tenants, and provides a blended 6.925% CAP-RATE. These two separate quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes a combined heated 5,203 s/f and total size of 5,797 s/f. Both building are on City of Eustis water & sewer services. Building 422 Profile: (3-qty) 1-Bedroom, 1-Bath and (1-qty) 2-Bedroom, 1-BathUnits. All units were fully remodeled and updated in 2018. Building 426 Profile: (4-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2019. Building 426 also has a detached (4-qty) Rental Storage Units with Roll-Up Doors that also generate cash flow to the property. All units have (2) dedicated parking spaces each. Additionally, 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. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. For reference, the purchase price includes the following properties: 422 E. Citrus Ave, Parcel ID#11-19-20-0100-076-00401, Alt Key#1759641 "and" 426 E. Citrus Ave, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information....
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Home facts
- Year built:1925
- Subdivision & Development:EUSTIS
- Listing ID #:G5117528
- Added:49 day(s) ago
- Updated:October 28, 2026 at 08:58 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:8
- Flooring:Carpet, Ceramic Tile, Laminate, Luxury Vinyl, Wood
- Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
- Kitchen Description:Eat-in Kitchen, Kitchen/Family Room Combo, Range, Range Hood, Refrigerator, Solid Wood Cabinets
- Bedroom Description:Primary Bedroom Main Floor, Primary Bedroom Upstairs, Split Bedroom, Walk-In Closet(s)
- Basement Description:Crawlspace
- Living area:5,203 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal, Shingle
- Year built:1925
- Building area:5,203 sq. ft.
- Lot area:0.62 Acres
- Lot Features:Landscaped, Level, Oversized, Paved, Sidewalk
- Construction Materials:Frame, Stucco, Wood Siding
- Exterior Features:Covered Porch/Patio, Enclosed, Front Porch, Lighting, Patio, Rear Porch, Screened, Sidewalk
- Foundation Description:Slab
- Levels:Multi/Split Story
Schools
- High school:Eustis High School
- Middle school:Eustis Middle
- Elementary school:Eustis Elem
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$939,000
- Price per sq. ft.:$161.98
- Tax amount:$7,560 (2025)
Features and amenities
- Appliances:Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
- Amenities:BB/HS Internet Available, Built-In Features, Cable Available, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Natural Gas Connected, Primary Bedroom Main Floor, Primary Bedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Assigned, Ground Level, Guest, Open
- Garage:Yes
- Garage spaces:5
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