Welcome investors! Duplex with possibility to grow up to 4 units, if you demolished the actual duplex. Situated on 13,500 sq ft and generating $5000/monthly. These units were just remodeled. It features 3/1.5 each; one of the kitchen has hardwood countertops and the other granite countertops plus brand new stainless steal appliances, beautiful porcelain floor as well a great brand new cabinetries. Bathrooms also has been updated with new cabinets, new vanity and more. Finally a new roof has been installed. Plenty of parking spaces easily accommodating more than 4 cars in each unit because of the double lot belonging to the property. This property has a great location, just 2 miles to Las Olas district full of restaurants, shopping, nightlife and more but still close to I-95 highway.
1035 NW 8th Ave, Fort Lauderdale, FL, 33311
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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