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$315,000

1707 Ridgewood Lane Sanford, FL 32773 Residential - Active

  • 1707 Ridgewood Lane, Unit A & B, Sanford, FL 32773 Main Photo

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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 (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!

Property Highlights

Property Type: Residential -
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.28 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,245
Year Built: 1984

General Information

Bedrooms: 4
Bathrooms: 2 Full
Sqft: 1,674
County: Seminole
Subdivision: RIDGEWOOD ACRES
Listed By:
Maritza Westerveld SIMS REALTY LLC 407-489-3300

Amenities

Window Treatments
Sliding Doors

Property Features

Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Days on Site: 1
Directions: From I-4 East, take Exit 101B onto H E Thomas Jr Pkwy (W 25th St). Turn left onto S Maple Ave, then right onto Ridgewood Ln. Property is on the left across from Seminole High School.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Tile
Foundation: Other
Home Warranty Y/N: No
Lot Dimensions: 0.28
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Half Duplex
Sewer: Private Sewer
Showing Instructions: Combination Lock Box
Special Sale Provisions: None
Utilities: Electricity Available, Public
Water: Public
Water Access Y/N: No
Zoning: MR2
$315,000
4beds
2.0baths
1,674sqft
New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,674 MLS#R4911821
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONRIDGEWOOD ACRES

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1707 Ridgewood Lane, Unit A & B, Sanford, FL 32773.

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Estimated Payment

$ 1,424.73 per month $1,062.44 Principal & Interest $270.42 Property Tax $91.88 Homeowner's Insurance

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