$1,850,000

475 Umatilla Boulevard Umatilla, FL 32784 Multi Unit - Multiple Active

  • 475 Umatilla Boulevard, Umatilla, FL 32784 Main Photo

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Description

Exceptional investment! 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. 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

Amenities

Other
Sidewalk

Property Features

Annual Net Income: 180981.84
Community Features: Sidewalks
Days on Site: 85
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
$1,850,000
10,080sqft
Active
BEDS0 BATHS SQUARE FEET10,080 MLS#S5151887
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNORTH UMATILLA

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475 Umatilla Boulevard, Umatilla, FL 32784.

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Estimated Payment

$ 8,549.49 per month $6,239.74 Principal & Interest $1,770.17 Property Tax $539.58 Homeowner's Insurance

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