231 RIDGECREST LOOP new Save Request In-Person Tour Request Virtual Tour
Minneola,FL 34715
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,512 sqft
Price per Sqft $179
Subdivision Minneola Ridgecrest Sub
MLS Listing ID G5092730
Bedrooms 6
Construction Status Completed
HOA Y/N No
Originating Board Stellar MLS
Year Built 1994
Annual Tax Amount $4,470
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 97x118
Property Sub-Type Duplex
Property Description
Duplex Investment Opportunity in Minneola - 231 Ridgecrest Loop
Welcome to 231 Ridgecrest Loop, a fantastic duplex investment in the heart of Minneola, Florida! This property offers tremendous potential for investors looking to generate steady rental income. With a spacious layout featuring 3 bedrooms and 2 bathrooms on each side, this property is an excellent opportunity to start or expand your real estate portfolio.
Currently, this duplex produces $1,000 per month in rental income per side, making it a consistent and reliable source of cash flow. Whether you're an experienced investor or just starting out, this income-producing property is a great choice.
Key Features:
2 Units (3 beds / 2 baths each)
$2,000 in rental income per month
Excellent location in Minneola, with easy access to local amenities, schools, and shopping centers.
Note: The property does require a new roof for insurance purposes, but with the right renovations, it can easily be restored to its full potential.
Don't miss out on this unique opportunity to own a duplex that not only offers great rental income but also provides a chance to add value with a roof replacement. Act quickly—properties like this don't last long! Contact us today to schedule a viewing or request more details.
Location
State FL
County Lake
Community Minneola Ridgecrest Sub
Zoning RMF-1
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Fireplace false
Laundry In Kitchen
Exterior
Exterior Feature Lighting,Sliding Doors
Garage Spaces 2.0
Utilities Available Electricity Connected
Roof Type Shingle
Porch None
Attached Garage true
Garage true
Private Pool No
Building
Lot Description City Limits,In County
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Minneola Elem
Middle Schools Aurelia Cole Academy
High Schools Lake Minneola High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5092730