EXCELLENT INVESTMENT OPPORTUNITY to purchase a completely renovated and one-of-a-kind 3-bedroom 3-bathroom home located right in the heart of Lakeland! This home is on a near 1/4 acre lot and is located just a couple of blocks from Lake Hollingsworth and Florida Southern College, and only minutes away from revived and reenergized downtown. Zoning allows for an accessory dwelling unit, pending application approval with the city. At 1, 960 living square feet, this home has been fully updated with new luxury vinyl-plank flooring throughout, new lighting and paint throughout, ceiling fans in all bedrooms, and it features an open-concept layout with a large living room/dining room combo.
Off of the living area is the gourmet kitchen which features new soft-close cabinets, stainless steel appliances, granite countertops, and an eat-in space with modern pendant lights, making it a great entertaining space.
The oversized master bedroom fits the largest of furniture and has a large walk-in closet and ensuite with walk-in shower and garden tub. Across the hall is the secondary bedroom and guest bathroom. Down the hall is the third bedroom which can be used as a guest suite or second master bedroom. The exterior of the home boasts a spacious and fully-fenced in backyard and includes two storage/workshop buildings with over 1, 500 under roof square feet combined. There is also a carport area and large concrete driveway for plenty of parking.
With schools, shops, and parks nearby (all within walking-distance) this home is sure to be a crowd pleaser. Did I mention there's no HOA? Schedule a tour and see for yourself the great potential of this home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$429,000
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 | $343,200 | $343,200 | $343,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $252 | $252 | $252 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,283 | $2,281 | $2,943 |
Total Monthly Payment | $2,610 | $2,608 | $3,270 |
* 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.