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Rich Henderson

rich@myrealtorrich.com +1(630) 338-3792

$ 315,000

Est. payment | -/mo

4 Beds

2 Baths

1,674 SqFt

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$ 315,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,674 SqFt

Key Details

Property Type Single Family Home

Sub Type Half Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,674 sqft

Price per Sqft $188

Subdivision Ridgewood Acres

MLS Listing ID R4911821

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1984

Annual Tax Amount $3,245

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Half Duplex

Source Stellar MLS

Property Description

Under contract-accepting backup offers. 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 (2023), 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 porch- unit A, Unit B screened porch, 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!

Location

State FL

County Seminole

Community Ridgewood Acres

Area 32773 - Sanford

Zoning MR2

Interior

Interior Features Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Tile

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Sliding Doors

Utilities Available Electricity Available, Public

View Y/N No

Water Access No

Roof Type Shingle

Exposure East

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Other

Lot Size Range 1/4 to less than 1/2

Sewer Private Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/R4911821

Listed by Maritza Westerveld SIMS REALTY LLC

Schools and Properties Nearby

Learn More About LPT Realty

Rich Henderson

Sales Executive | License ID: SL3522272

rich@myrealtorrich.com

+1(630) 338-3792

1707 RIDGEWOOD LN #A & B Sanford, FL 32773

Rich Henderson

Key Details

Location

Interior

Exterior

Building

Others

Learn More About LPT Realty

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1707 RIDGEWOOD LN #A & B