2508 YALE AVENUE at

2508 YALE AVENUE

For sale Days on market 86

$340,000

$214/sq ft

$9,900
Price Decreased

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Overview

Bedroom

Year Built

1930

Sqft

1592

Property Type

Duplex

Property Description

Seller Motivated!! 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. Gross Annual Rent Income: $36,300. 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

MLS#

O6408157

Address

2508 YALE

City

Sanford

State/county

Zip/Postal Code

32773

Area

Palm Terrace

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,074

Maint Fee

$--

Tax Year

2024

Cooktop

Dryer

Electric Water Heater

Freezer

Ice Maker

Range

Range Hood

Refrigerator

Washer

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