$350,000
Description
Investor Special in a MAGNIFICENT LOCATION!!! . Here is one of the few remaining chances to invest in the fast-growing city of Sanford’s Special Commercial zoning area and in the desirable historic district. This single-family home can be used for a multitude of purposes. Zoned SC-3 (Special use Commercial 3) it allows for both commercial and residential uses including mixed use. Highest and best use would be as income property multifamily rental or mixed commercial and residential. The house is itself is a 4 bed, 2.5 bath, and a detached single car garage with a second floor 1 bed, 1 bath studio apartment. The garage can be converted to another studio apartment, adding an additional 340 sq ft of rentable space. Major investments went into repairing all structural issues to the house including removal of old siding and replacing with Zip board sheathing, increasing the structural regitity of the house. complete engineering and repairing of the roof systems, floor joists and footer, brand new, fully permitted ROOF, back deck, new AC ducts, most of the electrical is roughed in, framing, and siding is almost complete. The house has the original hardwood floors on the lower floor, high ceilings and two gas fireplaces, and sits on brick paved streets. The house is currently under construction and permitted with a full set of plans and has approval from the historic society. Its ready for your team to complete. Required would be plumbing, drywall, paint, refinishing of floors, windows, appliances and fixtures, as well as the installation of two HVAC (units). ARV $600K+ Seller bought pre-covid, got stuck during the economic downturn and city closure, and now must let it go. Their loss is your financial gain! Built in 1910, many great baseball players including Jackie Robinson and others used these homes as a temporary residence during training seasons. There is a tremendous amount of history withing these walls. AVAILABLE: Survey, Approved Engineering Drawings, Permits, Roof Warranty. *** Shown by appointment only. Waiver must be signed before entry. EZ to see quickly. *** Corner lot not included in this price but is available for sale. Also zoned SC-3 and can be developed with a home, townhomes, B&B, office or a combination!
Listed by Susie Reale, .
Property Highlights
- Property Type: Single Family, Single Family Residence
- Style: Historic
- MLS #: O6081620
Room Information
| Full Baths | 2 |
| Furnished | Unfurnished |
| Garage | Yes |
| Garage Spaces | 2 |
| Half Baths | 1 |
| Total Baths | 3 |
| Total Beds | 4 |
Property Features
| Direction Faces | West |
| Interior Square Footage | 2,500 |
| Lot Size Acres | 0.13 |
| Lot Size Dimension | 50x117 |
| Lot Size Square Feet | 5,850 |
| Rooms | 9 |
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