2508 Yale Avenue
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 giv 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. Both units have different layouts so please be sure to review the floorplans and virtual tours. Upgrades include: Roof (2021), Electrical (2022), HVAC (2021), Completely repiped (2021). Granite Countertops (2021). Potential ROI 10.5 percent. 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.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $340,000 |
| No. of Units: | 2 |
| Year Built: | 1930 |
| Lot Size: | 1,592.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $170,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-DBAARFL-1229078
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