231 Ridgecrest Loop, MINNEOLA, FL 34715
Priced at Only: $450,000
Would you like to sell your home before you purchase this one?
- MLS#: G5092730 ( Residential Income )
- Street Address: 231 Ridgecrest Loop
- Viewed: 49
- Price: $450,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1994
- Bldg sqft: 0
- Bedrooms: 6
- Total Baths: 4
- Garage / Parking Spaces: 2
- Days On Market: 16
- Additional Information
- Geolocation: 28.5821 / -81.7487
- County: LAKE
- City: MINNEOLA
- Zipcode: 34715
- Subdivision: Minneola Ridgecrest Sub
- Elementary School: Minneola Elem
- Middle School: Aurelia Cole Academy
- High School: Lake Minneola High
- Provided by: FORTUNE REALTY OF CLERMONT
- Contact: Suabi Ramnarain
- 352-429-4621
- DMCA Notice
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.
Dont 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 quicklyproperties like this dont last long! Contact us today to schedule a viewing or request more details.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Lighting, Sliding Doors
- Living Area: 2512.00
- Roof: Shingle
Property Information
- Property Condition: Completed
Land Information
- Lot Features: City Limits, In County
School Information
- High School: Lake Minneola High
- Middle School: Aurelia Cole Academy
- School Elementary: Minneola Elem
Garage and Parking
- Garage Spaces: 2.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Septic Tank
- Utilities: Electricity Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Net Operating Income: 0.00
- Tax Year: 2024
Rental Information
- Tenant Pays: Electricity, Water
Other Features
- Country: US
- Interior Features: Ceiling Fans(s)
- Legal Description: MINNEOLA RIDGECREST SUB LOT 34 PB 27 PG 41 ORB 1959 PG 2387
- Area Major: 34715 - Minneola
- Parcel Number: 07-22-26-0250-000-03400
- Views: 49
- Zoning Code: RMF-1