Calling all investors. $150, 000. 00 price reduction. Here’s a charming. duplex ready for you to add your own touch. Photo, s are from before the flooding. now it is bare studs. All the drywall has been removed to mitigate mold. The granite counters have been saved Also, lt would make an ideal Airbnb as it’s about 2 minutes away according to google map next to the Sunseeker resorts, Bayshore Live Oak Park is two blocks away. Awesome sunsets fishing and much more. The location is convenient to everything. just across the bridge is beautiful downtown Punta Gorda. Lots of restaurants and shopping. This duplex was recently flooded form 2 hurricanes. It destroyed the recently remodeled LVP flooring , granite countertops, in the kitchens and baths. For the person that likes to boat and fish there are three boat ramps within a 2 mile radius. Each unit has separate utilities to include the water, sewer, and electric also, both electrical panels have been updated to Square D to comply with insurance companies guidelines. Here’s a money maker waiting for you. Make your appointment today.
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Our Executive Mortgage Banker:
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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 | $239,920 | $239,920 | $239,920 |
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 | $368 | $368 | $368 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,596 | $1,595 | $2,057 |
Total Monthly Payment | $2,039 | $2,038 | $2,500 |
* 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.