Duplex in area that is being developed. Fully remodeled in 2020. New everything. New underground pipes, new electrical system including panels, new walls, new floors, new impact windows and doors, new a/c system, everything done with permits. Showings only once proof of funds or pre approval shown. Tenants in place on month to month leases. Great opportunity to own an income producing property with neighborhood potential to grow. Market rent much higher. Currently one unit 3 bed, 1.5 bath, other unit 2 bed, one bath. Could make one of the bedrooms into a unit and create a triplex. Two electrical meters and 1 water meter currently. Do not disturb tenants. Owner is agent.
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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