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$349,900

Est. payment - /mo

4 Beds

3 Baths

2,096 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,096 sqft

Price per Sqft $166

MLS Listing ID 1229078

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 give 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. 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

Interior

Heating Electric, Individual

Cooling Multi Units

Heat Source Electric, Individual

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,Vinyl 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 Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Lorry Robles • EXP Realty LLC

Schools and Properties Nearby

Learn More About LPT Realty

Robyn Stahl

+1(386) 681-7206

2508 Yale AVE Sanford, FL 32773