$570,000
$630,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
6,117 SqFt
SOLD DATE : 04/17/2020
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,117 sqft
Price per Sqft $93
Subdivision Sanford Town Of
MLS Listing ID O5825926
Sold Date 04/17/20
Construction Status Inspections
HOA Y/N No
Year Built 1928
Annual Tax Amount $5,843
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 60x117
Property Description
Turn Key Treasure in the heart of Sanford. This is a HARD TO FIND multi-family apartment building. Building has a total of 9 apartments plus plenty of storage. Units have all been updated. Great location to downtown Sanford, Sanford River Walk and Park on Park. Ideal income property! 3 studio apartments, 3 apartments with 1 bedroom &1 bathroom and 3 apartments with 2 bedroom & 1 bath. All apartments have the following: window unit air conditioner(s) (keeps the tenants power bill low), gas stove, gas hot water heater and full sized refrigerator. Rents per unit type are the averages, opportunity to increase rents with no extra repairs or upgrades needed. Top rent for studio is $695/, 1 bedroom is $775, 2 bedroom $870. Great Cash Flowing Opportunity, Don't Miss Out.
Location
State FL
County Seminole
Community Sanford Town Of
Zoning SR1
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Sidewalk, Storage
Utilities Available Cable Available, Electricity Connected
Waterfront false
Roof Type Other
Garage false
Private Pool No
Building
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
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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