104 South Grove Street

104 South Grove Street

Eustis, FL 32726

$699,500
Price
—
Beds
3,742 Sq. Ft.
$187 / Sq. Ft.
3,742
Sq. Ft.
$187
per Sq. Ft.

Description

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....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.
  1. Listed by Juan Vazquez • COUNTRYWIDE REALTY PARTNERS LLC

Property Details for 104 South Grove Street

Subdivision Name
EUSTIS
Township
19S
Waterfront
No

Location

Listing Courtesy of COUNTRYWIDE REALTY PARTNERS LLC, Juan Vazquez
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LISTING UPDATED: 04/25/2024 12:42 PM

Property Details for 104 South Grove Street

StatusActive
MLS #O6146517
Days on Market203
Taxes$4,339 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1924
Lot Size0.42 AC / 18,381 SF
CountyLake County

Location

Listing Courtesy of COUNTRYWIDE REALTY PARTNERS LLC, Juan Vazquez
Add your commute

Building Information for 104 South Grove Street

Stories-Residences5Year Built1924Building Size-Lot Size0.42 AC / 18,381 SF

Payment Calculator

$4,179 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,817

Property Taxes

$362

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 104 South Grove Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Access FL-417 N/FL-417 Toll N since University Blvd. Tour to the Right addressed to S Semoran Blvd. Tour to the left for joining FL-417 N/FL-417 Toll N in the direction of Sanford. Continue on FL-417 N/FL-417 Toll N. Taking FL-429 S/FL-429 Toll S towards County Rd 46A in Lake County. Salt of FL-429 S/FL-429 Toll S. Take the exit 55c towards International Pkwy. Turns sharply to the Right addressed to International Pkwy. Turn slightly to the left addressed to FL-429 S/FL-429 Toll S (indications for Apopka/Mount Dora). Continue on County Rd 46A, FL-44 W and E Orange Ave towards S Grove St in Eustis. Continue straight on County Rd 46A. Tour to the left addressed to FL-44 W. Continue on E Orange Ave. Tour to the left addressed to S Center St. Tour to the Right at the 2nd intersection towards E Lemon Ave. Tour to the Right at the 1nd intersection towards S Grove St. The destination is on the left
  • Mls Major Change Type: Price Increase
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 104
  • Street Direction Prefix: S
  • Street Name: GROVE
  • Street Suffix: STREET
  • State: FL
  • City: EUSTIS
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 077
  • Tax Book Number: 1-78
  • Tax Legal Description: EUSTIS BEG AT NE COR BLK RUN W 130 FT S 63.75 FT E 21 FT S 107 FT W 31 FT S 12.27 FT E 70 FT N 52 FT E 70 FT N TO POB BLK 78 PB 1 PG 79 ORB 5824 PG 981
  • Tax Lot: 7
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 79x242
  • Parcel Number: 11-19-26-0100-078-00001
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: RT
  • Living Area: 3742
  • Lot Dimensions: 79x242
Property and Assessments
  • Year Built Numeric: 1924
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 26E
  • Public Survey Section: 11
Utilities
  • Sewer: Other
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Other
  • Foundation Details: Other
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: None
  • Interior Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $57,288.00
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 3
  • Unit Type Type 1: 3 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 2
  • Unit Type Type 2: 2 Bed/2 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Type 3: 1 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 2
  • Unit Type Type 4: 2 Bed/1 Bath

Property History for 104 South Grove Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 104 South Grove Street

Taxable ValueLand-Additions-Total-
Tax Record2023$4,825 ($402 / month)
Home Facts
Baths6.5Total Finished SqFt3,742 SqFtAbove Grade Finished SqFt3,256 SqFtFinished Basement SqFt486 SqFtStories1Lot Size18,381 SqFtStyleQuadraplexYear Built1914Year Renovated2008CountyLAKEAPN11-19-26-0100-078-00001

Schools near 104 South Grove Street

This home is within Lake.
Rating
School
Type
Grades
Distance
Eustis Elementary School
Public - PK to 5
Eustis Middle School
Public - 6 to 8
Eustis High School
Public - 9 to 12
Lake Virtual Instruction Course Offerings
Public - K to 12
Rating
School
Distance
Eustis Elementary School
PublicPK to 5

Eustis Middle School
Public6 to 8

Eustis High School
Public9 to 12

Lake Virtual Instruction Course Offerings
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 104 South Grove Street, Eustis, FL 32726

104 South Grove Street is a multi-family home for sale in Eustis, FL 32726. This property was listed for sale on October 2, 2023 by COUNTRYWIDE REALTY PARTNERS LLC, it's currently listed at $699,500. It has been on the market for a total of 203 days and was last sold on October 21, 2021. This listing's school district is Lake. Nearby schools include Eustis Elementary School, Eustis Middle School and Eustis High School. 104 South Grove Street is a 0-bed, 0-bath, 3,742 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COUNTRYWIDE REALTY PARTNERS LLC, Juan Vazquez

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/25/2024 12:42 PM