Great Investment property with 10 units in a gated community in Winter Haven convenient to Lakeland, Bartow, the Polk Parkway and I-4 with a history of consistent rental income and the potential to increase monthly revenue between $100-250 a unit. New roofs on both buildings in Dec 2021, Exterior painted in 2021, new A/C's in 5 units since 2017, washer and dryer connections and screened in patios in every unit all on a large 1.15 acre property with lake views of Lake Sears on the back units. Grocery stores, pharmacy's and restaurants all nearby and only minutes from the heart of Downtown Winter Haven and Lakeland. GREAT INVESTMENT FOR A BUYERS 1031 EXCHANGE.
Complex:
JAN PHYL VILLAGE
Heating:
Central, Electric, Exhaust Fan
Construction
Block, Concrete, Stucco, Vinyl Siding, Wood Frame (FSC Certified)
Utilities
Electricity Available, Phone Available, Public, Water Connected
Lot Description:
Oversized Lot, Sidewalk
Appliances:
Dishwasher, Refrigerator
1050 Spirit Lake ROAD, Winter Haven, FL, 33880
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
