This CASH-FLOWING gem offers the perfect chance to own a FULLY OCCUPIED property with three well-maintained units, generating a steady income stream. With a total current rental income of $3,375/month, there's significant upside potential to further increase cash flow. One of the three units has already been FULLY REMODELED, and… Read More with some updates to the remaining two 2-bedroom units, you could easily raise the rent and maximize returns. Recent updates make this an even more attractive investment: a BRAND-NEW ROOF was installed in 2023, along with a NEW SEPTIC DRAIN FIELD, ensuring long-term reliability. The property has also been enhanced with a NEW FENCE and FRESH EXTERIOR PAINT, adding curb appeal and increasing desirability for tenants. While the charming tiny house shown in the photos is not included in the sale price, the owner is open to selling it separately. The tiny house is already connected to both electric and septic, making it an excellent opportunity to further boost monthly income by renting it out. Located in Sanford, a vibrant city known for its rich history, picturesque waterfront, and growing community, this property offers both IMMEDIATE CASH FLOW and FUTURE GROWTH POTENTIAL. Sanford’s historic downtown district, along with its proximity to major highways and the Orlando area, makes it a highly desirable location for tenants. This property is a must-see for savvy investors looking to secure a stable income-producing asset with room for growth. Don’t miss out on this opportunity to build your portfolio in one of Central Florida’s up-and-coming areas! Read Less
Courtesy of PREFERRED REAL ESTATE BROKERS 407-440-4900
Listing Snapshot
Days Online
148
Last Updated
Property Type
Triplex
Beds
5
Square Ft.
1,350
Lot Size
0.21 Acres
Year Built
1926
MLS Number
O6266820
30 Days Snapshot Of 32773
$342k
-6%
(avg) sold price
49
+16%
homes sold
48
-17%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
0.21 acres, 9148 square feet, Lot Size Square Meters: 850, Total Acreage: 0 to less than 1/4, Dimensions: 140x58
Building
Living Area Meters: 125.42, Total Number of Buildings: 1, Unit Count: 3, Building Area Total: 1358, Building Area Units: Square Feet, Construction Materials: "Frame", Levels: "One", Living Area: 1350, Number Of Units Total: 3, Year Built: 1926
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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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