Property Description
Turnkey income opportunity in the heart of Sanford! This triplex at 1119 W 12th St offers three separately metered units, so tenants pay their own electric and owner expenses stay low. Two units are currently leased at $950 and $850 per month. The third unit is vacant and ready for a new tenant at a projected $1,100 per month, which brings gross potential rent to $2,900/month ($34,800/year). Each unit features 1/1 and individual window A/C units. With in-place income plus immediate upside on the vacant unit, this is a strong add to any portfolio. It's minutes from historic Downtown Sanford, the RiverWalk, SR-417, and I-4. Whether you're a seasoned investor or buying your first rental, this one pencils. Schedule your showing today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.13 Acres
Roof Type: Shingle
Taxes: $3,426
Year Built: 1920
Square Feet: 2,027
Amenities
Ceiling Fans(s)
Ninguno
Lighting
None
Feature Descriptions
Annual Net Income: 33000.00
Days on Site: 6
Directions: From SR 417 Toll North to Orlando take exit 50 towards 17/92 to Sanford then take a slight right onto 17 North to Sanford then left onto W 11th St, then left onto W 11th St the left onto S Cedar Ave, the property will be on the left.
Exterior: Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.13
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only
Special Sale Provisions: None
Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: GC2
Local Schools
High School: Seminole High
Middle School: Markham Woods Middle
Elementary School: Hamilton Elementary
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 407-203-9441
Shown By
Agent Name: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 1,618.61 per month $1,260.19 Principal & Interest $285.50 Property Tax $72.92 Homeowner's InsuranceChange Payment Information
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1119 W 12th Street | MLS# O6450410
This multi-family property located at 1119 W 12th Street , Sanford, FL 32771 is currently listed for sale with an asking price of $250,000. Search Sanford real estate on www.soldbyloscalzo.com today.