Active

$425,000

Features:
  • 6 Bedrooms
  • 2 Bathrooms
  • 2536 sq ft
Overview
  • ID: MFRP4934843
  • Bedrooms: 6
  • Bathrooms: 2
  • Size: 2536 sq ft
Property Details
Remarks
MULTIFAMILY INCOME-PRODUCING PROPERTY with NO HOA in the heart of Sanford! This unique opportunity features two detached single-family homes on a spacious.27 Acre lot, each with separate utility meters for hassle-free management. Both residences offer a 2021 ROOF, 3 beds and 1 bath, with one featuring a cozy wood-burning fireplace. Each unit is tenant-occupied—one since 2021 and the other since 2023, providing stable, immediate rental income. Location,location, location... Only 20 minutes north of Orlando and just half a mile from Historic Downtown Sanford, you'll enjoy proximity to award-winning dining destinations like Hollerbach’s German Restaurant, local breweries, gastropubs and boutique shopping. Historic Downtown Sanford hosts events, concerts along with a weekly farmers market. It is also home to a marina offering fishing, boating and river dinner cruises on the expansive 8,771-acre Lake Monroe. Don’t miss this rare opportunity to add a high-performing asset to your portfolio, combining strong current returns with long-term appreciation potential. It's an easy show, unlike some tenant occupied properties!
Financial Considerations
Price:
$425,000
HOA Fee:
N/A
Tax Amount:
$3832.54
Price per SqFt:
$167.59
Tax Legal Description:
LOTS 6 + 7 BLK 6 TR 10 TOWN OF SANFORD PB 1 PG 62
Exterior Features
Lot Size:
11681
Lot Features:
Corner Lot, Level, Oversized Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1945
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    401 S HOLLY AVE
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