-
For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,096 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,096 sqft
MLS Listing ID 1229078
Sold Date -
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1930
Annual Tax Amount $5,351
Acres 0.22
Lot Dimensions 75.0 ft x 128.0 ft
Property Sub-Type Duplex
Source Daytona Beach Area Association of REALTORS®
Property Description
Seller Motivated!! Investor opportunity meets house-hacking potential in the heart of Sanford! This income-producing duplex at 2508 Yale Ave offers the perfect setup for an owner-occupant looking to start building wealth through real estate or for an investor seeking immediate rental income. The downstairs unit is a spacious 2-bedroom, 2-bath currently tenant occupied, providing instant cash flow from day one. Upstairs, the vacant 2-bedroom, 1-bath unit is move-in ready and ideal for an owner occupant who wants to live in one unit while offsetting expenses with rental income from the other. For Investors, property qualifies for NO INCOME VERIFICATION needed! The seller has not had any issues with keeping the units occupied! Estimated potential rental income $1600-$1750. Gross Annual Rent Income: $36,300. Recently updated interiors feature modern flooring, neutral finishes, bright open living spaces, updated kitchens with stainless steel appliances, and refreshed bathrooms that giv the property a clean, contemporary feel. The large lot, mature trees, and charming front porch add character and curb appeal rarely found at this price point and additionally located in a NO flood zone area. Both units have different layouts so please be sure to review the floorplans and virtual tours. Upgrades include: Roof (2021), Electrical (2022), HVAC (2021), Completely repiped (2021). Granite Countertops (2021). Potential ROI 10.5 percent. Conveniently located near downtown Sanford, shopping, dining, major highways, Sanford-Orlando Airport and the waterfront, this property offers flexibility, functionality, and long-term investment potential. Whether you're looking to grow your portfolio, offset your mortgage, or create a multi-generational living setup, this duplex checks all the boxes.
Location
State FL
County Seminole
Area 99 - Other
Direction From 415 South to SR46. Make right on SR46. Left on Yale Ave. Property on Right
Region Sanford
City Region Sanford
Rooms
Primary Bedroom Level Two
Interior
Heating Central, Electric
Cooling Central Air, Multi Units, Split System
Flooring Laminate
Appliance Washer/Dryer Stacked, Refrigerator, Ice Maker, Electric Water Heater, Electric Range, Electric Oven, Electric Cooktop, Dryer, Disposal
Heat Source Central, Electric
Exterior
Parking Features Shared Driveway
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Garage No
Building
Lot Description Other
Structure Type Frame,Wood Siding
New Construction No
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
Others
Tax ID 06-20-31-502-0700-0200
Ownership Elaine G & Jonathan Fawcett
Acceptable Financing Assumable, Cash, Conventional
Listing Terms Assumable, Cash, Conventional
Financing FHA
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON MLS (realMLS) • NON MLS (realMLS)

Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty






