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$315,000
Active
1707 RIDGEWOOD LANE Unit A & B
SANFORD, FL 32773 — RIDGEWOOD ACRES
4 Beds
2 Baths
1,674 sqft
0.28 acres
Built 1984
About This Property
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, 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 porches, 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 Details
Basics
- Property Type
- Residential
- Property Subtype
- Half Duplex
- MLS Number
- R4911821
- Days on Market
- 1
- Year Built
- 1984
- Levels
- One
- Direction Faces
- East
- Occupant Type
- Tenant
Size & Structure
- Living Area
- 1,674 sqft
- Total Area
- 2,522 sqft
- Lot Size
- 0.28 acres
- Lot Sq Ft
- 12,286 sqft
- Bedrooms
- 4
- Full Baths
- 2
- Stories
- 1
Interior
- Flooring
- Tile
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Interior Features
- Window Treatments
- Laundry
- Laundry Room
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Central, Electric
Exterior & Lot
- Exterior Features
- Sliding Doors
- Construction
- Block, Stucco
- Roof
- Shingle
- Foundation
- Other
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Public
- Sewer
- Private Sewer
- Utilities
- Electricity Available, Public
- Cooling
- Central Air
- Heating
- Central, Electric
- Flood Zone
- X
Financial
- List Price
- $315,000
- Annual Taxes
- $3,245
- Tax Year
- 2025
- Special Conditions
- None