**CASH FLOWING****FREE HOME WARRANTY-CLEAN 4 POINT AND WIND MIT PLUS SURVEY ATTACHED TO MLS- BLOCK DUPLEX REMODELED- Discover this beautifully renovated duplex, nestled in a quiet neighborhood of Winter Haven, featuring two spacious 1-bedroom, 1-bathroom units. One unit is rented at $1200 dollar per month tenant paying electric with a 1 year lease. Each unit boasts its own PRIVATE PORCH, perfect for relaxing after a long day. Some of the updates include: NEW ROOF (2024) (10 year workmanship warranty transferable to the buyer/15 year unlimited wind rating on the roof) A/C UNITS- MINI SPLITS (2024), NEW TANKLESS WATER HEATERS (2024), and ALL NEWER STAINLESS STEEL APPLIANCES (2024). This property is move-in ready and ensures low maintenance for years to come. Both units have fresh INTERIOR/EXTERIOR PAINT (2024), NEW LUXURY VINYL PLANK FLOORING (2024), NEW LIGHT FIXURES THROUGH OUT, REMODELED BATHROOMS (2024), CEILING FANS, CLOSET ORGANIZERS AND MORE! Both units have SEPARATE ELECTRIC METERS—tenants cover their own electric, while the property features a single water meter and the owner is responsible for the water. A shared LAUNDRY ROOM in the back with free WASHER/DRYER for the tenants adds convenience, along with a fully FENCED YARD= NEW LANDSCAPING (2024) offering privacy and security. Each unit also has access to INDIVIDUAL STORAGE UNITS located behind the building, as well as PRIVATE DRIVEWAYS for easy parking. This duplex is a fantastic option for investors or owner-occupants looking for steady rental income. ALSO HOUSE HACK- LIVE IN ONE SIDE AND LET YOUR TENANT PAY YOUR MORTGAGE! PROPERTY MANAGEMENT COMPANY AVAILABLE AT 5%- UNITS ARE LISTED FOR RENT AND CAN BE RENTED IF BUYER PREFERS- Don't miss out—this opportunity won’t last long! Reach out for more details!
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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 | $235,920 | $235,920 | $235,920 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $75 | $75 | $75 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,568 | $1,990 |
Total Monthly Payment | $1,720 | $1,718 | $2,140 |
* 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.