Property Description
Under contract-accepting backup offers. Great in town location close to everything on corner of Orange Ave and Mary St. (3) units currently on 12 month lease for $3,900 income with 1 more unit vacant and available for additional $1,200 monthly income plus office space to lease for $500 month and rentable garage space for storage. Total current potential income is $5,750 Month with room for future increases. Some recent renovations. Also has laundry room for use of all tenants. Coin laundry machines could replace current electric machines for additional income. All info is deemed accurate but recommended to be verified by Buyer. Easy to show - 24 Notice to tenants required and Listing Agent will meet to give tour. Listing agent is Sister to Owner. Roof on main building was replaced by previous owner in 2023. Roof on garage is 10 years old.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Garage: 1
Heating: Natural Gas
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $4,243
Year Built: 1914
Square Feet: 3,729
Amenities
Ceiling Fans(s)
High Ceilings
Courtyard
Sidewalk
Feature Descriptions
Additional Rooms: Bonus Room, Garage Apartment
Annual Net Income: 40356.00
Appliances: Dryer, Range, Refrigerator, Washer
Days on Site: 110
Directions: From downtown Eustis, take Orange Ave East, left on Mary St, 1st driveway on right. (Corner location).
Exterior: Wood Siding
Flood Zone Code: X
Flooring: Ceramic Tile, Wood
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.24
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Units: 5
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RT
Local Schools
High School: Eustis High School
Middle School: Eustis Middle
Elementary School: Eustis Elem
Listed By / Shown By
Listed By
Agency Name: LEGACY REAL ESTATE INVESTMENT
Agency Contact: 352-267-7758
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 2,388.88 per month $1,919.22 Principal & Interest $353.58 Property Tax $116.08 Homeowner's InsuranceChange Payment Information
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603 E Orange Avenue | MLS# G5104433
This multi-family property located at 603 E Orange Avenue, Eustis, FL 32726 is currently listed for sale with an asking price of $398,000. Search Eustis real estate on www.watsonrealtycorp.com today.