Unique Opportunity on Double Lot Grant Ave. Eustis, FL. 32726
Property Detail
Type
Single Family Home Status
Buildable Lot, Cash Flow, Flip Location
Florida
Sub Location
Eustis
Price
$83,000
Sq. Ft.840Bedrooms2Bathrooms1ARV$140,000++Rent/mo$900+/-RehabVaries Depending on UsageGarageNonePoolNoneTaxes/yr$1,027.13Lot Size (Acres)0.4736ConstructionFrameWaterfrontNoneYear1956SubdivisionRosenwald Gardens
Property Description
Showing Scheduled Monday 3/1
Very unique opportunity to buy a double lot in Eustis. Lot is 1/2 acre, and currently a house sits on one half of the lot that is tenant occupied. This house needs a full rehab but is currently income producing.
The other half of the lot is vacant and buildable. A second driveway already leads into the vacant half. We would recommend confirming whether you can build or not with Lake County.
You have many options with this unique property. Demo everything and build new. Collect income on one half while building on the second half. Rehabbing current house on the land, etc. Whatever direction you go, you are buying under market value, and getting an incredible steal.
