Under contract-accepting backup offers. Historic home in Dixieland area just a few blocks from South Florida Ave in beautiful Lakeland, Florida. Two story home is made with Florida brick and features awnings, upstairs and downstairs with covered screened porches facing other well maintained historic homes. Newly painted exterior pops blue against the white awnings and is currently used as 2 apartments with 2 bedrooms, 1 bath each. Apartments have original hardwood flooring in bedrooms, living dining combo and a brick wood burning fireplace in the living/dining area. The kitchen and bathroom have been redone with tile flooring, new kitchen cabinets and has gas stove and water heater, fixtures and tub in bathroom were also redone. Downstairs currently has a tenant and upstairs is vacant. Plumbing and electric was redone in 2022-23 and a/c heat units were added in the living/dining area (21. 7 feet by 13 feet). Upstairs feature attic storage with stairs. The enclosed screened porches were rescreened and updated as well. The lot is large (135 deep by 75 feet wide). An alley runs the entire length of the rear of Lenox St with access from New York Ave to the rear of the building featuring ample parking and a large storage shed. The front facing Lenox has a driveway and a covered car port.
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:
$310,000
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 | $248,000 | $248,000 | $248,000 |
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 | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,650 | $1,648 | $2,091 |
Total Monthly Payment | $1,882 | $1,880 | $2,323 |
* 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.