2508 Yale Avenue, Sanford, FL 32773
- $349,900
- 4
- BD
- 3
- BA
- 1,592
- SqFt
- List Price
- $349,900
- Status
- Active
- Days on Market
- 70
- Price Change
- ▲ $400 1782859615
- MLS#
- O6408157
- Property Style
- Duplex
- Year Built
- 1930
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,592
- Lot Size
- 9,587
- Acres
- 0.22
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Palm Terrace
- MLS Area Major
- Sanford
Property Description
Seller Motivated!! 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. Gross Annual Rent Income: $36,300. 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.
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Additional Information
- Taxes
- $5074
- Minimum Lease
- No Minimum
- Annual Gross Income
- 36300
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- SR1
- Interior Layout
- Ceiling Fans(s), Eat-in Kitchen, Stone Counters, Thermostat
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen, Stone Counters, Thermostat
- Floor
- Laminate
- Appliances
- Cooktop, Dryer, Electric Water Heater, Freezer, Ice Maker, Range, Range Hood, Refrigerator, Washer
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Heating
- Ductless
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Frame, Wood Siding
- Exterior Features
- Outbuildings
- Roof
- Shingle
- Foundation
- Crawlspace
- Pool
- No Pool
- Elementary School
- Pine Crest Elementary
- Middle School
- Sanford Middle
- High School
- Seminole High
- Flood Zone Code
- X
- Parcel ID
- 06-20-31-502-0700-0200
- Legal Description
- S 1/2 OF LOT 20 + ALL LOT 21 BLK 7 PALM TERRACE PB 4 PG 82
Listing courtesy of EXP REALTY LLC. 407-846-0940
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