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401 DONNELLY ST Eustis, FL 32726
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Key Details
Sold Price $252,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,604 sqft
Price per Sqft $157
Subdivision Eustis Badger
MLS Listing ID L4926450
Sold Date 12/09/21
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1954
Annual Tax Amount $1,637
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 64 x 367
Property Description
Great Cash Flowing Triplex in Eustis Florida. Fully rented and producing passive income for the owner. Roofs have been replaced. Upgrades and repairs have been made. Tenants were placed at market rent and property is stabilized. Units are on a corner lot across from the City of Eustis Skate Park. Based on asking price, current rental income and a 40% expense ratio this property is producing a 6.5% CAP Rate. Please be respectful of the tenants and do not disturb them. Property is currently being professionally managed.
Location
State FL
County Lake
Community Eustis Badger
Zoning SR
Interior
Interior Features Ninguno
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Fence, Other
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Park/Greenbelt
Roof Type Membrane
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Pet Size Medium (36-60 Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
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Bought with COLDWELL BANKER REALTY