Opportunity awaits with this turnkey duplex—a stellar addition to any investment portfolio! Each unit boasts 2 bedrooms, 1 bathroom, and 800 sqft of thoughtfully designed living space. Fully rented and generating $3, 800/month, this property combines immediate income with long-term security, having weathered recent storms unscathed thanks to durable block construction. Enjoy peace of mind with major upgrades already completed: new electrical panels, AC systems, and water heaters, plus a roof with 10 years of life remaining. Stylish interiors feature updated finishes, including granite countertops in the kitchens, adding modern appeal. Each unit comes with its own laundry room and separate metering, ensuring convenience and independence for tenants. The fenced backyard offers privacy and security for outdoor enjoyment, while the central location provides easy access to shopping, dining, and entertainment. Zoned for the highly rated Walsingham Elementary School and minutes from golf courses, this property is a draw for a variety of tenants. Plus, the St. Pete/Clearwater Airport is less than 15 minutes away, making this a prime spot for both locals and travelers. With updates complete and steady rental income already in place, this duplex is the low-maintenance, high-return opportunity you’ve been waiting for. Don’t miss out—this is the perfect addition to your portfolio!
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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 | $352,000 | $352,000 | $352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $444 | $444 | $444 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,312 | $2,312 | $2,947 |
Total Monthly Payment | $2,831 | $2,831 | $3,466 |
* 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.