401 S HOLLY AVE, SANFORD, FL, 32771
$425,000
Residential Income
|
Bedrooms
6
|
Bathrooms
2
|
Living Area
2,536 Sqft
|
Lot Size
11,681 Sqft
|
MULTIFAMILY INCOME-PRODUCING PROPERTY with NO HOA in the heart of Sanford! This unique opportunity features two detached single-family homes on a spacious.27 Acre lot, each with separate utility meters for hassle-free management. Both residences offer a 2021 ROOF, 3 beds and 1 bath, with one featuring a cozy wood-burning fireplace. Each unit is tenant-occupied—one since 2021 and the other since 2023, providing stable, immediate rental income. Location,location, location... Only 20 minutes north of Orlando and just half a mile from Historic Downtown Sanford, you'll enjoy proximity to award-winning dining destinations like Hollerbach’s German Restaurant, local breweries, gastropubs and boutique shopping. Historic Downtown Sanford hosts events, concerts along with a weekly farmers market. It is also home to a marina offering fishing, boating and river dinner cruises on the expansive 8,771-acre Lake Monroe. Don’t miss this rare opportunity to add a high-performing asset to your portfolio, combining strong current returns with long-term appreciation potential. It's an easy show, unlike some tenant occupied properties!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRP4934843 | Year Built: | 1945 | |
| Construction Materials: | Block | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Seminole | |
| Exterior Features: | Other | Fireplace Features: | Living Room, Wood Burning | |
| Foundation Details: | Other | Heating: | Central | |
| Laundry Features: | Inside, Laundry Room | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Lot Features: | Corner Lot, Level, Oversized Lot | Occupant Type: | Tenant | |
| Pets Allowed: | Cats OK, Dogs OK, Yes | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only, Combination Lock Box, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity, Sewer, Trash Collection, Water | Utilities: | Electricity Connected, Sewer Connected, Water Connected | |
| Water Source: | Public | |||
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