Under contract-accepting backup offers. Welcome to this one-of-a-kind triplex in the heart of downtown Eustis, where urban convenience meets comfortable living. This exceptional property boasts three distinct and uniquely designed units, providing a fantastic opportunity for both investors and renters seeking a stylish and spacious place to call home. Perfect opportunity for an investor who is looking for cash flowing rental property.
Unit 1 - The Spacious Family Haven:
Step into Unit 1, a generous 3-bedroom, 2-bathroom apartment, where ample space meets modern comfort. With a floor plan that seamlessly connects the living, dining, and kitchen areas. A fenced-in backyard offers privacy and play area. The convenience of a washer and dryer.
Unit 2, 2-bathroom apartment that overlooks the backyard and neighboring fields. This 1920's design has been updated for modern living, and large windows flood the space with natural light. This unit is perfect for this seeking a Downtown charm and central convenience.
Unit 3 is a charming 1-bedroom, 1-bathroom apartment, perfect for those who desire a cozy and intimate space. The well-designed layout maximizes functionality, making this unit a comfortable retreat.
Property Highlights:
Prime downtown Eustis location, close to shops, restaurants, and entertainment.
Unique triplex with three distinct units, offering versatility and proven income potential.
The 3-bedroom unit features a fenced-in backyard for privacy and outdoor activities.
Well-maintained property, currently generating reliable rental income.
This triplex is a rare find in downtown Eustis, offering endless possibilities for investors or those looking to enjoy the convenience of city living. Don't miss the chance to own this triplex gem – it's an investment opportunity that combines the charm of from the past with modern living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$326,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $261,200 | $261,200 | $261,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $236 | $236 | $236 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,804 | $1,736 | $2,240 |
Total Monthly Payment | $2,115 | $2,047 | $2,551 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.