Discover a hassle-free addition to your portfolio with this exceptional double duplex package in Oldsmar! Zoned for highly sought-after "A" rated schools, this property combines location, convenience, and modern appeal. Featuring two fully renovated duplexes—a total of four identical 2-bedroom, 1-bath units—each approximately 800 square feet, this investment is fully leased offering immediate cash flow. Every unit has been thoughtfully updated, boasting modern kitchens with marble countertops, stainless steel appliances, and refreshed bathrooms. Durable, low-maintenance flooring ensures easy upkeep, making these units attractive to both tenants and investors alike. Each duplex operates independently with separate electric meters, and tenants cover their own utilities, creating a streamlined management experience. Conveniently located just off SR 580 and minutes from Old Tampa Bay, this property offers unbeatable accessibility. Tenants will enjoy the proximity to Philippe Park, top-rated Gulf Coast beaches, and an easy commute to Tampa and surrounding areas. Fully leased and ready to generate income from day one, this package is a rare find in a central, high-demand location. Seize this opportunity to own two fully leased, income-generating properties in a thriving rental market. Act now to secure a smart investment in a prime area!
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$940,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $752,000 | $752,000 | $752,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.444% | 6.748% | 7.366% |
Monthly Tax Payment | $448 | $448 | $448 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,940 | $4,815 | $6,655 |
Total Monthly Payment | $5,480 | $5,355 | $7,195 |
* 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.