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

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