Homes for sale - 205 S GROVE ST, Eustis, FL 32726

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Ben Aicher

benaicherrealtor@gmail.com +1(614) 563-2908

$749,000

Est. payment - /mo

4,066 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,066 sqft

Price per Sqft $184

Subdivision Eustis

MLS Listing ID O6367864

HOA Y/N No

Year Built 1924

Annual Tax Amount $4,475

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 79x242

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow.

The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required.

Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.

Location

State FL

County Lake

Community Eustis

Area 32726 - Eustis

Zoning RT

Interior

Cooling Mini-Split Unit(s), Wall/Window Unit(s)

Building

Story 2

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Structure Type Wood Siding

New Construction false

Others

Ownership Corporation

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6367864

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Listed by Juan Vazquez LPT REALTY, LLC

NEARBY SCHOOLS & PROPERTIES

SCHOOLS PROPERTIES

Elementary Schools 11

5

Triangle Elementary School

Public | PK - 5
5

Eustis Elementary School

Public | PK - 5
4

Tavares Elementary School

Public | PK - 5
1

Eustis Heights Elementary School

Public | PK - 5
0

Dba Mount Dora Christian Academy

Private | PK - 12
0

Liberty Christian Preparatory School

Private | PK - 12
0

Gateway Christian School

Private | PK - 8
0

Faith Lutheran School

Private | PK - 8
0

Lake Academy Eustis

Public | KG - 12
0

Lake Virtual Instruction Program (District Provide

Public | KG - 12
0

Lake County Preparatory Academy Llc

Private | PK - KG

Middle Schools 1

5

Eustis Middle School

Public | 6 - 8

High Schools 4

6

Tavares High School

Public | 9 - 12
4

Eustis High School

Public | 9 - 12
0

Lake Technical Center

Public | 9 - 12
0

Alee Academy Charter School

Public | 9 - 12

School and business data provided by Attom Data.

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Ben Aicher

+1(614) 563-2908

Realtor | Senior Agent

205 S GROVE ST Eustis, FL 32726

Ben Aicher

Key Details

Location

Interior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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205 S GROVE ST