205 South Grove Street
205 South Grove Street
$799,500
8
4,066
4,066
$197
Description
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....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.
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.
- Listed by Juan Vazquez • COUNTRYWIDE REALTY PARTNERS LLC
Property Details for 205 South Grove Street
Subdivision Name
EUSTIS
Township19S
WaterfrontNo
Location
LISTING UPDATED: 04/22/2024 12:48 PM
Property Details for 205 South Grove Street
Status | Active |
---|---|
MLS # | O6146514 |
Days on Market | 207 |
Taxes | $3,562 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1924 |
Lot Size | 0.40 AC / 17,424 SF |
County | Lake County |
Location
Building Information for 205 South Grove Street
Stories-Residences7Year Built1924Building Size-Lot Size0.40 AC / 17,424 SF
Payment Calculator
$4,660 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 205 South Grove Street
Property History for 205 South Grove Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 205 South Grove Street
Taxable ValueLand-Additions-Total-
Tax Record2023$4,393 ($366 / month)
Home Facts
Baths7Total Finished SqFt3,546 SqFtAbove Grade Finished SqFt3,546 SqFtStories2Lot Size17,424 SqFtStyleMulti-Family Dwelling (2-4)Year Built1924Year Renovated1981CountyLAKEAPN11-19-26-0100-077-00700
Schools near 205 South Grove Street
This home is within Lake.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
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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