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2508 YALE AVENUE

Multi-family For Sale
$340,000

BTC: 4.35060781

ETH: 138.83217640

-$10K (2026/08/27)
105 days
4 bds
1,592 sqft

Overview

Seller Motivated!! ASSUMABLE LOAN AT 4.99% for QUALIFIED BUYERS!! 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. Both units have different floor plans so be sure to check those out along with the virtual tours provided. 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. Electrical Panel (2022), HVAC (2021), Completely Repiped (2021), Roof (2022). 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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1930
Lot:
0.22 Acres
Heating:
Central
Price/sqft:
$214
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,074
2024
All facts and features
  • Flooring

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dryer

    • Electric Water Heater

    • Freezer

    • Ice Maker

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Stone Counters

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: Two

    • Exterior Features: Outbuilding

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 06203150207000200

    • Zoning: SR1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,074

  • Source details

    • MLS ID: O6408157

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Crawlspace

    • Laundry Features: Inside / Outside

    • Patio And Porch Features: Front Porch / Rear Porch

    • Other Structures: Shed(s)

    • Living Area: 1592

    • Water Source: Public

    • Subdivision Name: PALM TERRACE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC