FEATURES:

Duplex in Seminole County!!! Located in Sanford, FL each unit features 2 bedrooms, 1 bathrooms, its own central a/c, individual meters, 700 sq/ft of living space and driveway parking. NO duplex in this area selling under $300K and TWO sales pending in our pocket with dated interior or selective updates, this deal is an opportunity you don’t want to miss. Great opportunity to buy and hold for annual residual income.

REHAB: 

For a Flip it is recommended on vacancy to give these two units an update. The kitchens call for minor updating(or just the floors), the flooring should be updated, update the bathrooms, possibly replace one of the a/c units, install new water heaters, replace some fixtures, and finish with some fresh interior and exterior paint.

For a Rental and with current paying tenants no immediate rehab is required. Upon vacancy each unit should have new flooring installed, bathrooms can be selectively updated, new water heaters installed, fresh paint applied throughout, and any minor repairs done throughout.

COMPS:

905 W 12th St – 4/2 with 1,144 sq/ft
$360K PENDING
(FRAME, good condition)

1110 W 8th St – 4/2 with 1,624 sq/ft
$310K PENDING
(Dated but clean condition, 2/1 units, sold with tenants)

1010 Olive Ave – Duplex 1,530 sq/ft
$305K SOLD 2/2023
(Some updates)