527 E Lemon Ave, Eustis, FL 32726 Available

  • $576,000
  • 9 beds
  • 6 baths
  • 5,349 sqft

527 E Lemon Ave, Eustis, FL 32726

Year 1 Gross Income $69,000
5 out of 6 Units Fully Renovated

History of High Occupancy

OFFERING SUMMARY
Sale Price:    $576,000
Price / Unit:    $96,000
Price / SF:     $102.82
Units:     6
Cap Rate:      6.94%
Year 1 NOI:     $38,169
Building Size:      5349 SF

6 unit multifamily property, built in 1919. The property is of wood frame and has
pitched metal roofing, consisting of a single two story building, with a total of
approximately 5,349 gross square feet and is situated on .22 acre lot in historic
residential neighborhood. The unit mix is 4 one bedroom one bath units, 1 two
bedroom one bath unit, and 1 three bedroom one bath unit. The landlord pays
water, sewer an electric for all units and the tenants pay for their gas. Five out
of the six units have been fully renovated.

Available on 08.18.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

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Price:
$576,000
Address:
527 E Lemon Ave,
Eustis, Florida 32726
Square Feet:
5,349
Lot Size:
.22 acre
Bedrooms:
9
Bathrooms:
6
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1919

Additional Features

527 E Lemon Ave, Eustis, FL 32726. Amazing opportunity to own this home in a very desired location. Great investment Property is on an over-sized lot, larger than other properties close by. Don't miss out on the endless possibilities that this home has to offer.

Call (954) 280-5883 for more details

Property Location