Eustis, FL 32726,1102 S CENTER ST
Eustis, FL 32726,1102 S CENTER ST
Eustis, FL 32726,1102 S CENTER ST
Eustis, FL 32726,1102 S CENTER ST
Eustis, FL 32726,1102 S CENTER ST
Eustis, FL 32726,1102 S CENTER ST
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$293,250

$298,600

1.8%
Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

3,492 SqFt


SOLD DATE : 09/12/2024

Key Details

Sold Price $293,250

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,492 sqft

Price per Sqft $83

Subdivision Eustis Sales Add

MLS Listing ID O6226531

Sold Date 09/12/24

Bedrooms 6

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1948

Annual Tax Amount $4,900

Lot Size 0.260 Acres

Acres 0.26

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 and there are at least 5 years of life 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 Eustis Sales Add

Zoning SR

Rooms

Other Rooms Formal Dining Room Separate, Formal Living Room Separate, Garage Apartment, Storage Rooms

Interior

Interior Features Built-in Features, PrimaryBedroom Upstairs

Heating Electric, Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Wood

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Laundry Electric Dryer Hookup, Outside, Washer Hookup

Exterior

Exterior Feature Irrigation System, Sidewalk

Garage Bath In Garage, Off Street, Workshop in Garage

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected

Waterfront false

Roof Type Shingle

Attached Garage false

Garage true

Private Pool No

Building

Lot Description Corner Lot, City Limits, Sidewalk, Paved

Entry Level Two

Foundation Pillar/Post/Pier

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Construction Status Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by MAINFRAME REAL ESTATE
Bought with NARROW ROAD REALTY

GET MORE INFORMATION

Tina Yakel

Partner | Lic# 3002295

+1(352) 213-1084

7584 NW 4th Blvd, Gainesville, FL, 32607

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