300 HIBISCUS DR, SANFORD, FL, 32773
$360,000
Residential Income
Bedrooms
4
Bathrooms
3
Living Area
1,350 Sqft
Lot Size
9,148 Sqft
BACK ON THE MARKET AFTER RECENT RENOVATIONS! This single-family home was divided into three well-maintained units (2 ADUs). Two of the three units have already been FULLY REMODELED, and with some updates to the remaining 2-bedroom unit, you could raise the rent to maximize returns. With a total rental income of $3,375/month prior to renovations, there is significant upside potential to further increase your cash flow. Additional updates make this an even more attractive investment: a BRAND-NEW ROOF was installed in 2023, along with a NEW SEPTIC DRAIN FIELD, ensuring long-term reliability. The property has also been enhanced with a NEW FENCE and FRESH EXTERIOR PAINT, adding curb appeal and increasing desirability for tenants. While the charming tiny house shown in the photos is not included in the sale price, the owner is open to selling it separately. The tiny house is already connected to both electric and septic, making it an excellent opportunity to further boost monthly income by renting it out. Located in Sanford, a vibrant city known for its rich history, picturesque waterfront, and growing community, this property offers GROWTH POTENTIAL. Sanford’s historic downtown district, along with its proximity to major highways and the Orlando area, makes it a highly desirable location for tenants. This property is a must-see for savvy investors looking to secure a stable income-producing asset with room for growth. Don’t miss out on this opportunity to build your portfolio in one of Central Florida’s up-and-coming areas!
Property Details
Property Features Property Features
MLS ID: MFRO6266820 Year Built: 1926
Construction Materials: Frame Cooling: Central Air
Country: US County Or Parish: Seminole
Exterior Features: Other Foundation Details: Crawlspace
Heating: Central Laundry Features: None
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Occupant Type: Tenant
Property Sub Type: Triplex Property Type: Residential Income
Road Surface Type: Paved Roof: Shingle
Sewer: Septic Tank Showing Requirements: 24 Hour Notice, Do Not Contact Tenants, No Lockbox
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Connected, Public
Water Source: Public
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