Need space? With 2, 446 sq ft of living area, you got it with the two buildings on this property! It's an excellent investment opportunity for an owner/occupant or investor looking for a rental property, or a flip. ____The front home is 1, 498 sq ft and features a welcoming Sunroom to greet your family and guests, two bedrooms, one bathroom, and a spacious living room that flows into the large dining room. Access the remodeled kitchen from either the living area or dining area. Just off the kitchen is the entry to the finished bonus room, which could be used as a 3rd bedroom (or you can use the 2nd building for that). Outdoor living is just as wonderful, offering a 463 sq ft enclosed back patio that some would call a Florida room. Imagine what you can do with that space! There is also a covered side patio off the kitchen. _____The back building is a fully finished, two-story studio/workshop with a full bathroom. (Built in 2006, is permitted and fully documented in three full albums. ) Consisting of 960 sq fr, the studio offers 11' ceiling height on the first floor. The second floor has plenty loft storage above its' ceiling. The building is equipped with a separate electrical meter, and each floor has a mini-split ductless system for your comfort. Currently used as a photography studio, it's perfect for Artists of all kinds, home businesses, Mothers-In-Law, or Guest quarters - so many possibilities. A smaller studio is attached to the side with its own entrance (used as a clay studio. )_____
Two metal sheds on the west side of the property are connected by one roof, allowing for covered, open space in between. The back shed has two 220 electrical outlets. For your convenience, there are electrical outlets around the property for your lighting or other electrical needs. _____The circular driveway offers ample parking and even an RV-size carport. Three water wells with pumps make for easy irrigation, with one in the front, one in the back, and one off the kitchen with a hand pump (that sure comes in handy. ) This property also boasts xeriscaping and paved walkways all around. _____The prime location offers easy access to Downtown St Petersburg, shopping, schools and colleges, The Art District, doctor offices, hospitals and healthcare facilities, our beautiful Florida beaches, I-275, and more. Those who enjoy the convenience of public transportation can easily pick it up on 9th Ave. , Schedule to see this property today. Selling As-Is with the right to inspect. Recently (the week of Nov 25th), home was tented for termites. New roof next!
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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 | $471,200 | $471,200 | $471,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $99 | $99 | $99 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,056 | $3,017 | $3,913 |
Total Monthly Payment | $3,247 | $3,208 | $4,104 |
* 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.