Print This Listingx
Select a format below, new window will open and will prompt you to print.
Description
Exceptional investment opportunity offering a strong 9.5% cap rate! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking and is currently 100% occupied with long-term tenants, providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric, Heat Pump
Lot Size: 0.53 Acres
Roof Type: Other, Shake
Taxes: $21,242
Year Built: 1930
General Information
Sqft: 10,080
County: Lake
Subdivision: NORTH UMATILLA
Listed By:
Victor Avila
LPT REALTY, LLC
877-366-2213
MLS ID: S5151887
Amenities
Other
Sidewalk
Property Features
Annual Net Income: 180981.84
Community Features: Sidewalks
Directions: Take 19 from Eustis into Umatilla at light 450 bear to the left on Umatilla apt building on left.
Exterior: Block
Flood Zone Code: X
Foundation: Other
Home Warranty Y/N: No
Lot: City Limits, Level, Oversized Lot, Sidewalk, Paved
Lot Dimensions: 0.53
Other Equipment: Irrigation Equipment
Other Structures: Shed(s)
Ownership: Fee Simple
Parking: None
Parking Notes: None
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Other
Special Sale Provisions: None
Units: 16
Utilities: Other
Water: Public
Water Access Y/N: No
Zoning: C
Shown By
Get in Touch
Contact an agent to learn more about
475 Umatilla Boulevard , Umatilla, FL 32784.
Estimate Your Payment
Estimated Payment
$ 8,732.71 per month $6,408.38 Principal & Interest $1,770.17 Property Tax $554.17 Homeowner's InsuranceChange Payment Information
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --