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105 S Grove St

1470 Unit Block of Flats £394,926 (£269/Unit) 7% Net Initial Yield Eustis, FL 32726

Investment Highlights

  • proven track record of consistent occupancy and rental income
  • easy access to town and walking distance to most everything
  • large size corner lot with parking area

Executive Summary

Exceptional investment opportunity in a prime location! This property boasts 5 fully rented units, ensuring a steady stream of income for savvy investors. Situated in a vibrant neighborhood, it offers convenience at its finest, being close to mostly everything you could need. With a proven track record of consistent occupancy and rental income, this property is a standout choice for investors looking to maximize their returns. Don't miss out on the chance to own a lucrative income generator in a sought-after location!

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £2,963 £1.08
Other Income - -
Vacancy Loss - -
Effective Gross Income £2,963 £1.08
Taxes - -
Operating Expenses - -
Total Expenses £632 £0.23
Net Operating Income £2,331 £0.85

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £2,963
Annual Per SF £1.08
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £2,963
Annual Per SF £1.08
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £632
Annual Per SF £0.23
Net Operating Income
Annual £2,331
Annual Per SF £0.85

Property Facts

Price £394,926
Price Per Unit £269
Sale Type Investment
Net Initial Yield 7%
No. Units 1470
Property Type Residential
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.23 AC
Building Size 2,750 SF
Number of Floors 2
Year Built/Renovated 1900/2004

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Yard
  • Porch

Site Amenities

  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 1260 £553.01 500
2+1 210 £671.51 550 - 700
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RT (multi family use)
RT (multi family use)
  • Listing ID: 32031648

  • Date on Market: 05/06/2024

  • Last Updated:

  • Address: 105 S Grove St, Eustis, FL 32726

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