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205 and 104 S Grove St Eustis FL 2 Multifamily Properties Offered at $1,935,349 CAD in Eustis, FL

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EXECUTIVE SUMMARY

Fully rehabbed and fully occupied 13 unit multifamily portfolio located in Eustis, FL. This stabilized investment is currently generating $13,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at a 9% cap rate, providing attractive in-place cash flow. The properties have been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required. Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only - please do not disturb tenants.

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

ANNUAL (CAD)
Gross Rental Income $200,147
Other Income -
Vacancy Loss -
Effective Gross Income $200,147
Taxes $17,016
Operating Expenses $9,130
Total Expenses $26,146
Net Operating Income $174,002

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $200,147
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $200,147
Taxes (CAD)
Annual $17,016
Operating Expenses (CAD)
Annual $9,130
Total Expenses (CAD)
Annual $26,146
Net Operating Income (CAD)
Annual $174,002

PROPERTY FACTS

Price $1,935,349 CAD
Price / SF $247.87 CAD / SF
Cap Rate 8.99%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 7,808 SF
Total Land Area 0.82 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
205 S Grove St, Eustis, FL 32726 Multifamily 4,066 SF 1924 -
104 S Grove St, Eustis, FL 32726 Multifamily 3,742 SF 1924 -
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  • Listing ID: 38971895

  • Date on Market: 2026-01-05

  • Last Updated:

  • Address: 205 and 104 S Grove St Eustis FL, Eustis, FL

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