Impeccably maintained and Awesome property. This quadplex features two bedrooms and two full bathrooms in each unit, along with an interior laundry room. The laundry room is generously sized to accommodate standard washer and dryer units, as well as a water heater. Two tenants have been residing long-term. One unit has recently been repainted with luxury vinyl plank flooring installed throughout. !688 has a new AC in 2023 replaced All units feature tile in the wet areas. The property has been diligently cared for by the owner, including a new roof replacement within the past 5 years. Any maintenance issues were promptly addressed by the owner. Here is a list provide by the owner of any repairs made over the last few years.
1684 - 1690 - new roof replacement + manufacturer's limited lifetime warranty by Atlas installed on 10/4/2018 ($16, 900. 00)
1684 - new electric range installed on 2/2/2023 ($648. 06)
1688 - new 2 ton A/C system + 10 years parts warranty from Goodman installed on 9/30/2023 ($5, 859. 70)
1690 - new 2 ton A/C system installed on 3/14/2018 ($3, 440. 00)
1690 - new water heater installed on 5/1/2024 ($1, 515. 00)
1690 - complete unit renovation + new luxury vinyl plank (LVP) flooring installed on 7/8/2024 ($8, 800. 00)
Conveniently located near schools, shopping, entertainment, and just a 15-minute drive to Downtown Lakeland. Within 1 hour from The attraction, 15 minuets from 1-4.
Seller may consider a buyer concession if made in an offer
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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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.273% | 5.248% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,281 | $3,281 | $4,267 |
Total Monthly Payment | $3,823 | $3,823 | $4,809 |
* 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.