1707 Ridgewood Lane Unit A & B, Sanford, FL 32773
- $315,000
- 4
- BD
- 2
- BA
- 1,674
- SqFt
- List Price
- $315,000
- Status
- Active
- Days on Market
- 1
- MLS#
- R4911821
- Property Style
- Half Duplex
- Year Built
- 1984
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,674
- Lot Size
- 12,286
- Acres
- 0.28
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Ridgewood Acres
- MLS Area Major
- Sanford
Property Description
INVESTORS: TURNKEY CASH FLOW IN SEMINOLE COUNTY. Stop hunting for deals—this full duplex is the immediate portfolio booster you’ve been waiting for. Offering low maintenance, established stability, and instant cash flow from the moment you close escrow.THE INVESTMENT PROFILE: Instant Stability: Unit B boasts a phenomenal 9-year tenant with a signed lease extending through November 30, 2027, yielding a steady $1,550/mo.Value-Add Potential: Unit A is freshly vacant. Optimize your returns by setting your own market-rate rent, or utilize it as a premier owner-occupant house-hack. Expense Protection: Utilities are entirely decentralized. Separate electric meters and separate county water bills mean zero landlord utility expenses. Capital Expense Reduction: Equipped with a newer roof, drastically lowering your immediate CapEx reserves and maximizing your cash-on-cash return. UNIT SPECIFICATIONS:Both mirror-image units feature a highly rentable layout: 2 Bedrooms / 1 Bathroom, designated private carports, open porches, and individual indoor laundry rooms with washer/dryer hookups. Prime Sanford location with easy access to Lake Mary / Heathrow business centers and major Central Florida transit corridors, major employment hubs, shopping, and dining. Zoned for coveted Seminole County schools. Secure this high-performing property today before the market beats you to it!
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Additional Information
- Minimum Lease
- 8-12 Months
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- MR2
- Interior Layout
- Window Treatments
- Interior Features
- Window Treatments
- Floor
- Tile
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Utilities
- Electricity Available, Public
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Exterior Features
- Sliding Doors
- Roof
- Shingle
- Foundation
- Other
- Pool
- No Pool
- Garage Carport
- 2 Car Carport
Listing Courtesy Of SIMS REALTY LLC, Contact: 407-489-3300
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