About 1707 Ridgewood Lane A & B
Under contract-accepting backup offers. INVESTORS: TURNKEY CASH FLOW IN SEMINOLE COUNTY. Stop hunting for deals—this full duplex is the immediate portfolio booster you’ve been waiting for. Offering low maintenance, established stability, and instant cash flow from the moment you close escrow.THE INVESTMENT PROFILE: Instant Stability: Unit B boasts a phenomenal 9-year tenant with a signed lease extending through November 30, 2027, yielding a steady $1,550/mo.Value-Add Potential: Unit A is freshly vacant. Optimize your returns by setting your own market-rate rent, or utilize it as a premier owner-occupant house-hack. Expense Protection: Utilities are entirely decentralized. Separate electric meters and separate county water bills mean zero landlord utility expenses. Capital Expense Reduction: Equipped with a newer roof (2023), drastically lowering your immediate CapEx reserves and maximizing your cash-on-cash return. UNIT SPECIFICATIONS:Both mirror-image units feature a highly rentable layout: 2 Bedrooms / 1 Bathroom, designated private carports, open porch- unit A, Unit B screened porch, and individual indoor laundry rooms with washer/dryer hookups. Prime Sanford location with easy access to Lake Mary / Heathrow business centers and major Central Florida transit corridors, major employment hubs, shopping, and dining. Zoned for coveted Seminole County schools. Secure this high-performing property today before the market beats you to it!
Features of 1707 Ridgewood Lane A & B
| MLS® # | R4911821 |
|---|---|
| Price | $315,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,674 |
| Acres | 0.28 |
| Year Built | 1984 |
| Type | Residential |
| Sub-Type | 1/2 Duplex |
| Status | Pending |
Listing Details
| Office | SIMS REALTY LLC |
|---|
Listing Map
Neighborhood Information for 1707 Ridgewood Lane A & B
Stable Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Seminole High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
|
Wicklow Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
Central Florida Academy Private - to |
1 Miles | |
|
|
Pine Crest Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Riverwalk Christian Academy Private - Preschool to 6Th Grade |
1 Miles | |
|
Goldsboro Elementary Magnet Public - Preschool to 5Th Grade |
1 Miles | |
|
Journeys Academy Public - 6Th Grade to 12Th Grade |
1 Miles |
School data provided by GreatSchools