$316,000
$315,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
1707 RIDGEWOOD LN #A & B Sanford, FL 32773
4 Beds
2 Baths
1,674 SqFt
Key Details
Sold Price $316,000
Property Type Single Family Home
Sub Type Half Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,674 sqft
Price per Sqft $188
Subdivision Ridgewood Acres
MLS Listing ID R4911821
Sold Date 09/15/26
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
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
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
Read Less
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Bought with Megan Bish 407 PROPERTIES
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