Under contract-accepting backup offers. The one you have been waiting for! Welcome to a cash flowing, turnkey, updated three unit property in Saint Cloud, one of Orlandos most sought after communities. Just minutes to the airport, Lake Nona, shopping, dining, the famous chain of lakes, and so much more, this home has something for everyone! This property consists of a 2/1 main residence, a 1/1 connected studio, and a 1/1 detached unit out back. All rented out with amazing tenants. Up the steps and inside the main residence, an open and airy floor plans greets you. The units large living room flows nicely past the office space to the right, dinning space, downstairs bedroom, and spacious kitchen with views to the back. The kitchen boasts ample storage space, updated cabinets, and matching stainless appliances. Upstairs you will find the main bedroom with great size and very unique closet. Unit 2 that is attached to the main property is set up studio style. It features a large kitchen, breakfast bar, updated full bathroom, and ample space. Both of these units share a covered back patio. Unit three is outback and also has been renovated. It has a large living space, tiled shower, and private bedroom with two closets. Property has been updated with newer ac, tankless hot water, as well as the myriad of cosmetic updates. Come enjoy this property as an investment, or supplement some or all of your mortgage by living in one unit and renting out the others!
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Our Executive Mortgage Banker:
Our Insurance Division:
$384,900
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 | $307,920 | $307,920 | $307,920 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $392 | $392 | $392 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,047 | $2,597 |
Total Monthly Payment | $2,516 | $2,514 | $3,064 |
* 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.