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$349,900
Active
2508 YALE AVENUE
SANFORD, FL 32773 — PALM TERRACE
4 Beds
3 Baths
1,592 sqft
0.22 acres
Built 1930
About This Property
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.
Recently updated interiors feature modern flooring, neutral finishes, bright open living spaces, updated kitchens with stainless steel appliances, and refreshed bathrooms that give 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.
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.
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.
Recently updated interiors feature modern flooring, neutral finishes, bright open living spaces, updated kitchens with stainless steel appliances, and refreshed bathrooms that give 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.
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.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Duplex
- MLS Number
- O6408157
- Days on Market
- 1
- Year Built
- 1930
- Levels
- Two
- Additional Rooms
- Inside Utility
- Occupant Type
- Tenant
Size & Structure
- Living Area
- 1,592 sqft
- Total Area
- 1,592 sqft
- Lot Size
- 0.22 acres
- Lot Sq Ft
- 9,587 sqft
- Bedrooms
- 4
Interior
- Flooring
- Laminate
- Appliances
- Cooktop, Dryer, Electric Water Heater, Freezer, Ice Maker, Range, Range Hood, Refrigerator, Washer
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen, Stone Counters, Thermostat
- Laundry
- Inside, Outside
- A/C
- Wall/Window Unit(s)
- Heating
- Ductless
Exterior & Lot
- Exterior Features
- Outbuildings
- Construction
- Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Crawlspace
- Patio/Porch
- Front Porch, Rear Porch
- Other Structures
- Shed(s)
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Cooling
- Wall/Window Unit(s)
- Heating
- Ductless
- Flood Zone
- X
Financial
- List Price
- $349,900
- Annual Taxes
- $5,074
- Tax Year
- 2024
- Listing Terms
- Cash, Conventional, FHA
- Special Conditions
- None
- Possession
- Close Of Escrow
Schools
- Elementary
- Pine Crest Elementary
- Middle School
- Sanford Middle
- High School
- Seminole High