Active

$349,900

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 1592 sq ft
Overview
  • ID: MFRO6408157
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 1592 sq ft
Property Details
Remarks
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. 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.
Financial Considerations
Price:
$349,900
HOA Fee:
N/A
Tax Amount:
$5074
Price per SqFt:
$219.79
Tax Legal Description:
S 1/2 OF LOT 20 + ALL LOT 21 BLK 7 PALM TERRACE PB 4 PG 82
Exterior Features
Lot Size:
9587
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
Cooktop, Dryer, Electric Water Heater, Freezer, Ice Maker, Range, Range Hood, Refrigerator, Washer
Furnished:
No
Floor:
Laminate
Levels:
Two
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1930
Construction Type:
Frame, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Outbuildings
Additional Features 2:
N/A
Map
  • Address
    2508 YALE AVE
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