PRICE CHANGE!! Duplex Opportunity in Charming Mount Dora.
Unlock the potential of this well-maintained duplex in the heart of Mount Dora!
This property offers two spacious, independent units, 1051 & 1053, each boasting three bedrooms and two bathrooms. The open floor plans create a welcoming atmosphere for owners or tenants seeking comfort and style. Two Separate Units: Ideal for rental income or multi-generational living.
Unit 1051 has been freshly painted. It has a brand-new dishwasher, a newer range, and a refrigerator. The washer and Dryer are a few years old. It is currently unoccupied and move-in ready.
Unit 1053 Has a brand new HVAC system (July 2024), Newer flooring throughout except for the two smaller bedrooms, and Updated bathroom vanities and lighting. Window seat and built-in corner bookshelf in the living room, Updated baseboards, door trim, wainscoting, crown molding, and cornices. Newer dishwasher and microwave. There is an outlet in the garage for electric vehicles. The current tenant plans to vacate in January 2025.
Each unit has three bedrooms and two bathrooms, providing ample space for residents. A one-car Garage Per Unit Adds convenience and protection for vehicles. Prime Mount Dora Location: Enjoy the small-town charm and proximity to lakes, shopping, and dining.
Whether you're an investor looking for steady returns or a homeowner seeking additional income, this duplex is a fantastic opportunity. Don't miss out! Please get in touch with us today to schedule a viewing.
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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 | $464,000 | $464,000 | $464,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $571 | $571 | $571 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,087 | $3,084 | $3,913 |
Total Monthly Payment | $3,750 | $3,747 | $4,576 |
* 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.