Price Reduced 5.14%


Price History

$437,500
8/30/2024

$415,000
10/19/2024


2510 S Oak AVENUE, Sanford, FL, 32773

2510 S Oak AVENUE, Sanford, FL, 32773

1960

1,770 sqft

Calling all investors!!! Potential of over 7% interest investment, definitely better than the bank interest or maybe even stock. Perfect location for any retail shop, office, nail spa, hair salon, cigar shop, or any kind of business. There are 4 units in one building and all 4 of them are leased, monthly income is approximately $2,300.00. It has the potential of much higher income. Newly painted. Each of these 4 units has its own bathroom, and Unit C has a shower plus plumbed for a sink outside. There are 4 separate electrical meters for each of the 4 units, and only 1 water meter for the whole building. The annual operating expense of $4,500.00 includes property tax, insurance, as well as the water usage which is about $150.00 monthly for all 4 units. Close to the Sanford Historic District and Lake Monroe, off 17-92 and Park Drive. Rare find with tremendous potential, don't wait!


Status:

Active

Type:

Commercial

Units:

4

Complex:

DREAMWOLD

Garage:

Common

Heating:

Central

Cooling:

Central Air

Levels:

1

Lot Size:

73 x 138 x 47 x 136

Acreage:

0.17

Est. Taxes:

$1,824

Construction

Block

Utilities

Electricity Available, Public

Lot Description:

Curb and Gutters, City Lot

Days on Market:

56

MLS #:

O6236802


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX 200 REALTY Phone: 407-629-6330