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527 E Lemon Avenue

Eustis, FL 32726

– beds
– baths
5,415 sqft
~1/2 acre lot
$60 per sqft
1919 build
– on site

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CALLING ALL INVESTORS! FANTASTIC INVESTMENT OPPORTUNITY! Boasting SIX units total, this wonderful multi-family property is situated on a large corner lot near historic downtown Eustis. Three of the six units are currently occupied by tenants with strong rental histories. Five units were remodeled within the last two years and the house boasts a new roof that is only ONE YEAR old! Each unit has a wonderful living room and kitchen, plenty of space to relax! The current owners have started to switch tenants over to an online billing system for utilities, so now three of the five current tenants pay their own utility costs. This provides the next owner with the opportunity to reduce costs by converting the additional tenants to this platform to pay their own utilities. Easy access to downtown Eustis, Mount Dora and SR 453 provides a direct route to Orlando! Please take a look at the attachments for all the pertinent details concerning updating, rent roll and income. Here’s a chance to own a investment property that can generate income for you for years to come!

Listing courtesy of STELLAR_MLS / RE/MAX 200 REALTY

Last checked: Checking… • Last updated Sep 7, 2024 •

MLS# O6010527 —

The Building

Year Built:

1919
New Construction:

false
Construction Materials:

Wood Frame
Levels:

Two
Roof:

Metal
Foundation Details:

Crawlspace
Patio And Porch Features:

Covered
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

5415
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

SR 44 to South on Mary Street. Building is on the Corner of Mary Street and Lemon Avenue.
Latitude:

28.850503
Longitude:

-81.679707
Coordinates:

-81.679707, 28.850503

The Property

Parcel Number:

111926010007600007
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.57
Lot Size Area:

24804
Lot Size SqFt:

24804
Lot Size Dimensions:

138 x 180
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

SR
View:

false
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Lot:

7
Tax Block:

076
Tax Legal Description:

EUSTIS E 138 FT OF S 179.5 FT BLK 76 PB 1 PG 79 ORB 5187 PG 1441
Tax Book Number:

1-79
Tax Annual Amount:

4288.74

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Schools

Elementary School:

Eustis Elem
Middle Or Junior School:

Eustis Middle
High School:

Eustis High School

The Community

Subdivision Name:

EUSTIS
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1

Extra Units

# of Units Total:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

View a full report

Sale history

Date	Event	Source	Price	% Change
5/13/22 May 13, 2022	Sold	STELLAR_MLS	$327,000	-18.2%
4/19/22 Apr 19, 2022	Pending	STELLAR_MLS	$399,900
4/6/22 Apr 6, 2022	Relisted	STELLAR_MLS	$399,900

Multifamily Sold on 5/13/2022

$327,000

Listing provided by broker:

Abby Nelson

RE/MAX 200 REALTY

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Listing Courtesy of: STELLAR_MLS and RE/MAX 200 REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

527 E Lemon Avenue

Eustis, FL 32726