$525,000
For Sale

333 S GROVE STREET

Eustis, FL 32726
4500 sqft | 0.87 acres | #G5087281
Browse 6 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Owner has reduced price to sell!!! Opportunities abound with this property nestled within the heart of Downtown Eustis. This Historic property: the main house was built in 1919, has lots of charm and character and abundant stain glass windows. The other buildings were built at various other times over the years. There are currently 5 units with the potential of adding 5 more units with the appropriate approvals from the city. Lots of room to add carports along with the other 5 units. Repairs are needed to all three buildings in varying stages. List price reflects the repairs.
4 of the existing 5 units are empty, and the last unit will be vacated once a contract is firm, notice will be given. So, whoever buys this opportunity can immediately begin work. You can also keep existing tenant in place while you work on the other units if they start from the back of the property. This is a fixer upper, and the potential is limitless. The French Bakery across the street adds an extra special element to what you can do with this property. This is a Cash only sale.

  • Property Details
      • Utility FeaturesBB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
      • InteriorBuilt-in Features, High Ceilings, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s)
      • Exterior MaterialsOutbuilding(s), Courtyard, Sidewalk
      • Lot DescriptionHistoric District, City Limits
      • High SchoolEustis High School
      • Elementary SchoolTriangle Elem
      • Middle SchoolEustis Middle
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • FoundationCrawlspace
      • Original List Price$695,000
      • MLS #G5087281
      • MLS #G5087281
      • Utility SourcePublic
      • SubdivisionEUSTIS
      • Taxes Annual$5,243
      • Cost525000
      • Property ConditionFixer
      • ViewCity
      • Acres0.87
      • Square Feet4500
      • Year Built1919
      • CountyLake
      • Days on Market (Cumulative)7

Location

Terry A. KarousosReal Estate Group

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