SIGNIFICANT PRICE DROP | ONGOING INCOME POTENTIAL | REASONABLE OFFERS WELCOME | ASSUMABLE MORTGAGE
Live here and let the property help pay for itself! This is your chance to own an income-generating home in the highly desirable Mills50 district. Located at 925 La Salle Ave, this 3-bedroom, 2-bathroom property offers incredible flexibility for both homeowners and investors.
Currently, the home is set up as a 2-bedroom, 1-bathroom main house, with a fully furnished third bedroom functioning as a successful Airbnb since 2021. With its own private entry, this Airbnb generates an average of $2, 000 each month in 2024. You can continue to earn rental income or easily incorporate the space back into the main house—the choice is yours!
Ideally located between Downtown Orlando, Winter Park, and Baldwin Park, this home puts you at the heart of the city’s best dining, shopping, and culture. Plus, it’s zoned for the A-rated Audubon Park K-8 school district, making it perfect for families.
Recent updates include:
New roof (2022)
New windows (2017)
New fence (2021)
Upgraded electric panel (2020)
Mini-split air conditioner (2021)
And rest easy knowing the home remained undamaged during recent hurricanes—no flooding, power outages, or tree damage. Located near a major intersection and a fire station, quick response to any issues is an added bonus.
Don’t miss this incredible opportunity—live, earn, and invest in one of Orlando’s most sought-after neighborhoods!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$448,600
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 | $358,880 | $358,880 | $358,880 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $470 | $470 | $470 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,388 | $2,385 | $3,077 |
Total Monthly Payment | $2,933 | $2,930 | $3,622 |
* 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.