Fully Renovated Duplex built in 2006!... It features luxury kitchen cabinets with granite countertops, new vanities, and fixtures throughout. This amazing income-producing property is TURNKEY. Built in 2006, roof was replaced in 2021! As well as A/Cs. Each unit has 2 beds/1 bath and great ample space with almost a 1000 living sqft each. Both units are currently occupied by reliable tenants, generating a total monthly rental income of $2,925!! Almost $3K/month! All units are rented for full market value between $1450-1475! This is an attractive investment opportunity with consistent cashflow and amazing growth opportunity... Ton of potential to keep increasing rents long term.
120 S Massachusetts AVENUE, Deland, FL, 32724
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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