Income potential! Live in main home and rent the other 2 units to pay your mortgage! Lots of possibilities for this renovated Seminole Heights 3/2 bungalow with detached apartments both upstairs AND downstairs in the back building. Multiple living spaces offer a great solution for first floor, multi-generational living OR income potential depending on your needs. Three distinct living spaces are on this large parcel with ample parking for everyone. Currently, the main home has an open concept floor plan with upgraded kitchen and bathrooms, luxury vinyl flooring throughout and a wonderful covered front porch. Oversized Master Suite with his and hers closets, a renovated ensuite bathroom with tub, and room for your home office. Two additional spacious bedrooms are freshly painted, offer lots of natural light and ceiling fans. The spacious kitchen has a breakfast bar, new white shaker cabinets, granite countertops and stainless steel appliances. Laundry closet is just off the kitchen with full size washer/dryer included. Room for future expansion off the back of the house with lots of backyard space ready for addition or backyard scape with endless possibilities (pool, fire pit, patio etc)
Do you need a place for an aging parent? Or looking for additional income? The detached duplex offers two renovated apartments for both scenarios. Back building, first floor unit is a spacious 3 bedroom/1 bathroom with a brand new AC installed 2024. Back building, second floor is a 2 bedroom/1 bathroom. Both units have been upgraded offering luxury vinyl, renovated kitchens and bathrooms. Both apartments are turn-key…either move-in or rental ready. And on such a large parcel they offer privacy and independence. How you use the space is up to you!
This highly desirable location is just very close to downtown Tampa and all it has to offer including: Armature Works, 12 miles of Riverwalk, Amalie Arena, the Straz Performing Arts Center, Tampa General, USF and a short ride to Tampa International. Easy access to Hwy 275 and a short ride to Uptown and St Petersburg. Discover the charm of Old Seminole Heights today.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,160 | $719,160 | $719,160 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $687 | $687 | $687 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,664 | $4,605 | $6,314 |
Total Monthly Payment | $5,442 | $5,383 | $7,092 |
* 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.