Prime Multifamily Investment in Charming Eustis, FL!
Unlock significant income potential with this fantastic multifamily property at 180 W Dicie Ave, Eustis, FL 32726. This 1929-built property offers 4 bedrooms and 2 bathrooms across 1,855 sqft on a generous 0.29-acre lot, providing ample space for multiple units. Currently priced at $224,000, this property presents an exceptional opportunity for a savvy investor. Eustis boasts a cost of living approximately 5% lower than the national average, making it an attractive location for renters. The average rent for a 2-bedroom unit in Eustis is around $1,399/month, and a 3-bedroom unit can command $2,212/month, indicating strong rental demand and potential for solid cash flow. With the benefits of owning multifamily property including steady income, potential for appreciation, and tax advantages, this property is a compelling addition to any real estate portfolio.
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