Great investment opportunity includes two rental properties being sold together. The first is a quadplex that has four 2-bedroom, 1-bath units, and the second parcel has an additional single stand-alone 2-bedroom, 1-bath unit (with garage) on the adjoining parcel for a total of 5 rental opportunities. Units #1 - #4 are rented at $715 ea. The single-family unit is rented at $850. The units are located on the south side of Belleview, not far from 441. New roof on both buildings in April of 2020. New AC systems in all units (March 2023) and two new water heaters in units 2 and 3 (October 2023). A new well pump was installed in 2023. The price is firm and both units are being sold together. Potential buyers are welcome to drive by the two parcels. Inside showing will only be scheduled after the property is under contract during the due diligence phase and proof of funds has been provided.
11651 SE 71st Terrace ROAD, Belleview, FL, 34420
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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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