Calling all cash buyers and investors! This charming 1915 bungalow in the heart of Mulberry is brimming with potential and waiting for your vision. Nestled on a 0. 19 acre lot, this two-story, 2, 358 SF home boasts classic charm with a fireplace and a fenced front yard, perfect for future gatherings.
Step inside and imagine the possibilities. While this home requires a complete renovation, it’s a unique canvas to create your dream residence. The electrical panel is newer, and partial wiring updates have been made. Some selective demolition has already been completed, giving you a head start on your project. Once your offer is accepted, a structural design and survey will be provided.
Please exercise caution when touring the property. Some areas of the floor and structure need repair, and only part of the home is accessible. The second floor is currently off-limits.
The City of Mulberry offers a variety of amenities, including the Phosphate Museum, Cultural Center, Skate Park, Butterfly Garden, and the Mulberry Community Pool. Enjoy nearby shopping, dining, and healthcare facilities, with easy access to Tampa, Lakeland, and Bartow. Broadband/high-speed internet is available, with utilities provided by TECO and the City of Mulberry.
With no HOA or CDD fees and no flood insurance required, this property offers you a fantastic opportunity to breathe new life into a historic home. Seize the moment and submit your offer today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$110,000
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 | $88,000 | $88,000 | $88,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $174 | $174 | $174 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $600 | $585 | $755 |
Total Monthly Payment | $849 | $834 | $1,004 |
* 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.