Property Details
$293,250
$298,600
1.8%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,492 SqFt
SOLD DATE : 09/12/2024
Key Details
Sold Price $293,250
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,492 sqft
Price per Sqft $83
Subdivision Sales Add
MLS Listing ID O6219064
Sold Date 09/12/24
Bedrooms 6
Full Baths 3
Half Baths 1
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1948
Annual Tax Amount $5,236
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 90.0X128.0
Property Description
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!
Location
State FL
County Lake
Community Sales Add
Rooms
Other Rooms Attic, Bonus Room, Formal Dining Room Separate, Formal Living Room Separate
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, PrimaryBedroom Upstairs
Heating Electric, Wall Units / Window Unit, Zoned
Cooling Central Air, Wall/Window Unit(s)
Flooring Wood
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Laundry Electric Dryer Hookup, Outside, Washer Hookup
Exterior
Exterior Feature Irrigation System
Garage Bath In Garage, Open, Workshop in Garage
Garage Spaces 2.0
Community Features Sidewalks
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sprinkler Meter
Waterfront false
Roof Type Shingle
Porch Deck, Patio, Porch, Screened
Parking Type Bath In Garage, Open, Workshop in Garage
Attached Garage false
Garage true
Private Pool No
Building
Lot Description Corner Lot, City Limits, Near Public Transit, Sidewalk, Paved
Entry Level Two
Foundation Pillar/Post/Pier
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Architectural Style Colonial, Historic
Structure Type Wood Frame
New Construction false
Construction Status Inspections
Schools
Elementary Schools Eustis Elem
Middle Schools Eustis Middle
High Schools Eustis High School
Others
Pets Allowed Breed Restrictions, Yes
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
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Bought with NARROW ROAD REALTY