Active
231 RIDGECREST LOOP
MINNEOLA FL, 34715
$450,000
$179.14 per sqft
Active
6 Beds
4 Baths
2,512 sqft
Multi-family
Built in 1994
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.
G5092730
MLSⓇ ID
February 17, 2025
Listed
February 18, 2025
Updated
Interior Features
Bedrooms
6
Total Bathrooms
4
Interior Features
Ceiling Fans(s)
Laundry Description
In Kitchen
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.26 Acres
Exterior Features
Lighting, Sliding Doors
Lot Features
City Limits, In County
Roof
Shingle
Sewer
Septic Tank
Patio And Porch
None
School Information
High School
Lake Minneola High
Elementary School
Minneola Elem
Other Property Details
Area Name
34715 - Minneola
Taxes
$4,471
Tax Frequency
Annually
Days on Market
1
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
2
View
No
County
Lake
Municipality
22S
Water Source
Public
Pool
No
Utilities
Electricity Connected
Zoning
RMF-1
Listed by FORTUNE REALTY OF CLERMONT
Listing Contact: 352-429-4621
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Data last updated 2/18/2025, 12:16 PM UTC