$298,600 pending
1102 s center street , eustis, FL 32726
| Beds 6 | Baths 4 | 3,492 Sqft | 0.26 Acres |
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Property Description
Under contract-accepting backup offers. Multiple offers. Seller will review all offers on Sunday 8/4 at 5pm. This historic Dutch Colonial triplex, located on a spacious corner lot in Historic Downtown Eustis, offers a unique investment opportunity. Built in 1948, the main house includes two mirror-image, two-story units at 1102 and 1104 S Center St. Each unit features 2 bedrooms, 1 bath, a bonus room, a large living room, and a dining room. The property is filled with natural light thanks to numerous windows, and boasts beautiful wood floors and woodwork crafted from local pines in the Ocala National Forest. Each unit has washer/dryer hookups and a private fenced backyard. The second floor of each unit includes two large bedrooms, a full bath, and a bonus room. Both units are equipped with window unit AC and heat, and unit 1102 can be easily converted back to central AC as the ductwork is already in place. Roof is approx 10 years old with at least 5 years left. There is a transferable termite bond. The second building, located at 1106 S Center St, includes two garage stalls, a large workshop or storage area, and a spacious 2-bedroom apartment on the second floor. This apartment has a charming “treehouse” feel with windows on all sides letting in plenty of light. Each unit is separately metered, making it convenient for renting. At market rent, an investor can expect over a 10% ROI. With over a quarter acre and multi-family zoning, there is also potential to tear down and build new luxury units. The property is situated in a quiet neighborhood, just moments away from charming downtown restaurants, shops, and the beautiful waterfront park. Don’t miss out on this excellent investment opportunity!
General Information
Sale Price: $298,600
Price/SqFt: $86
Status: Pending
MLS#: O6219064
City: eustis
Post Office: eustis
Schools: eustis high school
County: Lake
Subdivision: sales add
Acres: 0.26
Lot Dimensions: 90.0 x 128.0
Bedrooms:6
Bathrooms:4 (3 full, 1 half)
House Size: 3,492 sq.ft.
Acreage: 0.26 est.
Year Built: 1948
Property Type: Single Family Residence
Style: Colonial, Historical
Features & Room Sizes
Paved Road: Paved, Concrete
Construction: Wood Frame
Exterior Misc: Irrigation System
Basement: No
Foundation : Pillar/Post/Pier
Appliances: Electric Water Heater, Range, Refrigerator
Cooling: Central Air, Wall/Window Unit(s)
Heating: Electric, Wall Units / Window Unit, Zoned
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5,236
Legal Description: EUSTIS, SALES ADD E 90 FT OF LOTS 3, 4 PB 2 PG 1 ORB 2991 PG 1671
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Rob Gaudreau of MAINFRAME REAL ESTATE, Phone: 407-513-4257
