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Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $108
Subdivision Sanford Town Of
MLS Listing ID O5809144
Sold Date 02/25/20
Construction Status Inspections,Other Contract Contingencies
HOA Y/N No
Year Built 1923
Annual Tax Amount $2,908
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 57x117
Property Description
AMAZING INVESTMENT OPPORTUNITY right in the heart of thriving DOWNTOWN SANFORD!! Rental demand is strong! Walking distance to the Riverwalk, Restaurants, Farmer's Market and Breweries! New roof & gutters, and recently tented (w/bond) but more work will be needed to bring this HISTORIC QUADRAPLEX back to it's former glory! Individually metered for electric and natural gas; one water meter. This property has very good rental performance history and projected income is even higher! Three 1 Bedroom units and 1 studio apartment.
Required repairs include wood and screen repairs, exterior painting, driveway and stair repair plus interior repairs to floors and walls. All exterior work to be approved by the City of Sanford's Historic Preservation Board.
Location
State FL
County Seminole
Community Sanford Town Of
Zoning SR1
Interior
Interior Features Ceiling Fans(s)
Heating Baseboard, Natural Gas, Wall Furnance
Cooling Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplaces Type Decorative, Living Room
Furnishings Unfurnished
Fireplace true
Appliance Gas Water Heater, Range, Refrigerator
Laundry None
Exterior
Exterior Feature Fence, Sidewalk
Garage Off Street
Community Features Golf Carts OK, Park, Playground, Boat Ramp, Sidewalks
Utilities Available BB/HS Internet Available, Electricity Connected, Fire Hydrant, Natural Gas Connected, Public, Sewer Connected, Street Lights
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot, Historic District, City Limits, Near Marina, Near Public Transit, Sidewalk, Paved
Entry Level Two
Foundation Crawlspace
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Construction Status Inspections,Other Contract Contingencies
Schools
Middle Schools Sanford Middle
High Schools Seminole High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with INVESTOR'S REAL ESTATE LLC
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