205 S Grove STREET Eustis, FL $ 799,000
205 S Grove STREET
$ 799,000
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205 S Grove STREET

Eustis, FL, 32726
$ 799,000
Bedrooms8 Baths7.0 Sq 4,066

Monthly Estimate*

$ 5,310

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Multi-Family Home for sale in Eustis, FL

for $799,000 with 8 bedrooms and 7 full baths. This 4,066 square foot home was built in 1924 on a lot size of 0.4.

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.

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Multi-Family Active

Price

$ 799,000

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 3,561

Style

Multi Family

Lot Size

0.4

Year Built

1924

Town/City

Eustis

County/Region

Lake

MLS | Web ID

O6146514

Features
General
Interior Features Other Stone Counters
Sewer Other
Heating None
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available Water Available
Roof Shingle
Exterior Features Private Mailbox Rain Gutters
Zoning RT
Construction Materials Wood Frame
Year Built 1924
Property SubType Multi Family
Tax Year 2022
Percent Ownership Fee Simple
County Lake
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name EUSTIS
Garage Y/N No
Status Active
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
City EUSTIS
Buyer Agent Compensation 2%
Senior Community Y/N No
Total Units 7
MLS Area 32726 - Eustis
Lot Size Square Feet 17424
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Grove
Tax Annual Amount 3561.9
Public Remarks 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 occup
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6146514
Days on Market 223
Standard Status Active
Tax Lot 7
Legal Description EUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 4531 PG 1039
Water Access Y/N No
Water View Y/N No
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Exterior
Water Source Public
Lot Size Area 17424
Foundation Details Other
Number of Buildings 2
Lot Dimensions 79 x 242
Lot Size Acres 0.4
Road Surface Type Asphalt
Lot Size Units Square Feet
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Interior
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N Yes
Street Suffix STREET
Total Bedrooms 8
Total Baths 7
Living Area Units Square Feet
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* Excluded Features
List By
Countrywide Realty Partners Llc

Broker

juanlvrei@gmail.com

Email

Affordability Calculator

$5,607
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,310
Monthly Property Taxes
$297
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$799,000 -3.73% Price Down
2/23/2024$830,000 -2.35% Price Down
10/3/2023$850,000 Listed Price

Map


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205 S Grove STREET, Eustis, FL, 32726 is a Multi-Family Home for sale at $799,000 with 4,066 sqft and a lot size of 0.4. 205 S Grove STREET has 8 bedrooms, 7.0 baths, and was built in 1924. The property's zip code is 32726 which is in Eustis, FL