Welcome to a lucrative investor's dream at 1111 Gilmore, where your dream home awaits! This exceptional property presents a remarkable opportunity for those seeking a turnkey investment with tenants already in place. This fully renovated property is perfectly situated in a prime location near hospitals, grocery stores, and Downtown Lakeland. Offering a seamless blend of comfort, convenience, and income potential, this spacious residence is sure to impress. Featuring four bedrooms and four bathrooms, this home provides ample space for your family and guests. Recent upgrades, including a new roof, air conditioning system, and water heater installed in 2023, guarantee modern comfort and energy efficiency. Additionally, brand new appliances are included! Situated in a highly desirable location, close proximity to Legoland, Tampa, and colleges further enhances its appeal as an investment opportunity. This home offers convenient access to essential amenities, schools, parks, and major transportation routes. The motivated seller presents an excellent opportunity for prospective buyers to own a well-maintained and upgraded property in this sought-after area. With reliable tenants already established, don't miss out on the chance to seamlessly step into ownership and start reaping the rewards to experience the charm and functionality of 1111 Gilmore. Schedule your viewing today and unlock the potential of this fantastic opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $57 | $57 | $57 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,492 | $1,453 | $1,890 |
Total Monthly Payment | $1,624 | $1,585 | $2,022 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.