Investor Special or First-Time Buyer Opportunity! Back on the market and competitively priced, this renovated 3BD/1BA bungalow is ready for its new owner! Perfect for an investor looking to add a rental property to their portfolio or a first-time homebuyer seeking an affordable entry into the Orlando market, this home offers incredible value.
Step inside to find a bright, open-concept layout connecting the living, dining, and kitchen areas, creating a spacious feel throughout. The kitchen is fully updated with a brand-new stainless steel appliance package, including a range, microwave, dishwasher, and fridge with an ice maker—ideal for easy living or quick turnovers. The private wing hosts a large primary bedroom and two additional rooms, complemented by an updated bathroom with contemporary fixtures.
The home also boasts a brand-new roof (2023), ensuring peace of mind for years to come—a valuable feature for any buyer or landlord. Located in the heart of Orlando, this property is close to Inter&Co Stadium, the Kia Center, Dr. Phillips Center for the Performing Arts, and other downtown attractions, making it a hotspot for rental interest or a lively urban lifestyle.
MOTIVATED SELLER – BRING ALL OFFERS! Don’t miss out on this opportunity to secure a property in downtown Orlando’s promising market. Contact the agent today for details and schedule a private tour.
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William Raveis Real Estate
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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 | $171,999 | $171,999 | $171,999 |
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 | $140 | $140 | $140 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,144 | $1,143 | $1,451 |
Total Monthly Payment | $1,359 | $1,358 | $1,666 |
* 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.