Under contract-accepting backup offers. One of a Kind and incredible opportunity! Welcome home to this versatile and UPDATED residential/commercial property in Sanford and explore the unlimited potential! This property boasts 4 rooms/office spaces and 1 bathroom. As you enter the building, you're greeted with the spacious foyer/entrance which leads to the living room and modern kitchen and wood flooring throughout. There is AMPLE parking space that can easily fit 10 cars, enhanced by mature shade trees and tropical palms. Highlights of this home/business include a shed under A/C and water, NEW HVAC SYSTEM, tankless water heater, exterior utility connections, WI-FI installed cameras with hard drive recording around the entire exterior, Home WI-FI thermostat, water filtration system, dusk to dawn LED Flood lights illuminating the entire exterior, substantial storage + MORE! Leaning toward the commercial side? This property is zoned for 22+ permitted uses and an additional 17 with city approval. This property had endless opportunities, so don't wait! Schedule your viewing today!
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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 | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
Monthly Tax Payment | $123 | $123 | $123 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,458 | $1,437 | $1,882 |
Total Monthly Payment | $1,656 | $1,635 | $2,080 |
* 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.