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Mixed use commercial retail on bottom and residential on top. Fully leased. Commercial leases at 5% annual increase plus tax apportionment. Newly remodeled apartments with flooring, air, refrigerator, carpet, etc. New roof. Termite Bond SERIOUS INVESTORS TAKE SPECIAL NOTE: This property has been priced well below market to prompt a quick sale. The current Owner does not want to sell but has relocated out of state. This property is priced below $100 per sf with a CAP rate above 8%. Full y leased, remodeled, income producing investment with a new roof and termite warranty on sale at half of comparable asking values in Sanford.
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| Status: |
Active |
| Property Type: |
Residential Income |
| Property Class: |
Five or More |
| Price: |
$1,650,000 |
| Price Per SqFt: |
$97.06 |
| Address: |
110 W 2ND ST SANFORD Florida 32771
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| County: |
Seminole County |
| Subdivision: |
The Avalon Building |
| Development: |
SANFORD TOWN OF
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| Living Area: |
17000 |
| Year Built: |
1923 |
| Taxes: |
$15,980 |
| MLS Number: |
O4805206 |
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| Features |
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| Location: |
Corner Lot, Street Paved, Sidewalk |
| Utilities: |
City Water, Electric, Public Sewer, Public Utilities |
| LISTING COURTESY OF DEVAN REALTY & DEV CORP |
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