This 2-unit, 2-bedroom, 1-bath duplex is a great investment opportunity! Both units are tenant-occupied, with current rents ranging from $900 to $1,075. Leases are in place through December 2024 then transiting to month to month lease (Unit 2495) and April 2025 (Unit 2493). Unit 2493 has been updated with granite countertops, wood cabinets, updated bathroom tile flooring, vanities, lighting, and fresh interior paint before tenant occupancy. Unit 2495 is ready for updates to match your preferences and maximize its potential. A fantastic income-producing property to grow your portfolio! Do not disturb tenants.
2493-2495 Chestnut Woods DRIVE, #2493-2495, Lakeland, FL, 33815
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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