Two great adjacent properties on separate parcels. Both properties are a 4 Plex therefore the combined has 8 rental units with a Gross Profit of $161,580.00 per yr., stable cash flow! Currently all units have Tenants. Very close to the Lantana Beach on A1A. Lantana Beach is sandwiched between Manalapan and Palm Beach. Great location for restaurants and shopping as well. A once under-the radar town is a ''hidden gem''. Please drive by only and DO NOT disturb the Tenants.All measurements are approximate.
Complex:
GREYNOLDS HIGHLANDS UNIT 1
Building Type:
Free Standing,Resident. Multi-Fam.
Heating:
Central Individual, Electric, Window/Wall
Cooling:
Central Individual, Electric, Wall-Win A/C
Construction
Block,CBS,Concrete
Utilities
Cable,Electric,Public Sewer,Public Water
Lease Term Type:
Annual,Month to Month
Owner Pays:
Cable,Electric
517 Greynolds Circle, Lantana, FL, 33462
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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