318 S PALMETTO AVE new Save Request In-Person Tour Request Virtual Tour
Sanford,FL 32771
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,112 sqft
Price per Sqft $258
Subdivision Sanford Town Of
MLS Listing ID O6245237
Bedrooms 9
Year Built 1901
Annual Tax Amount $9,211
Lot Size 0.340 Acres
Property Description
The Sirrine House is one of the most Historic buildings in the city. It is the oldest hotel still standing in Sanford. It was converted to apartments in 1929. It's located just 2 blocks south of 1st Street and 4 from beautiful Lake Monroe and the St Johns Riverwalk. This 9/10 unit apartment building is loaded with History and Charm on .34 acres in the heart of Downtown. Eight units have refinished original hardwood floors, some wood doors with glass knobs, many boast 10 foot ceilings, picture rails and plenty of natural light and windows. Other historic features include, claw foot tubs, drain board kitchen sinks, tin ceilings and walls. Also, built in cabinets and wardrobes in the bedrooms. There are porches and balconies with tree top views surrounding the building. There is an outside paver patio area for residents to use under the beautiful oak tree. What’s not to love about Historic Sanford! It’s an amazing walking community with unique shops, award winning restaurants, so many night spots with live music and micro breweries. The building has many updates: Re-piped, metal roofs replaced, refinished original hardwood floors, gutters, intellijack steal supports, fire alarm panel, cellular communicator, fire sprinkler system and on going repairs and maintenance. Over the years the property has experienced excellent occupancy and many long-term tenants with rents received on or before the 1st of the month. THREE OF THE UNITS ARE FURNISHED with higher rental rates. Several rents are lower than market value because long term of amazing tenants. There is an unfinished 10th unit. This is a Terrific opportunity to own an Income Property in the Heart of Historic Sanford, A MUST SEE!
Location
State FL
County Seminole
Community Sanford Town Of
Zoning SC3
Interior
Heating Central,Other
Cooling Central Air,Other,Wall/Window Unit(s)
Flooring Tile,Vinyl,Wood
Laundry Other
Exterior
Exterior Feature Balcony,Courtyard,Irrigation System,Rain Gutters,Sidewalk
Utilities Available Other
Waterfront false
View City,Garden
Roof Type Metal,Shingle
Building
Lot Description Corner Lot,Historic District,City Limits,Landscaped,Near Marina,Oversized Lot,Sidewalk
Foundation Crawlspace,Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Acceptable Financing Cash,Conventional,Owner Financing
Listing Terms Cash,Conventional,Owner Financing
Special Listing Condition None