Under contract-accepting backup offers. Investment Opportunity! CASH ONLY SALE – Great Location & Spacious Lot! Don’t miss this fantastic investment opportunity! Located in the Azalea Park neighborhood in the eastern part of Orlando, this 4-bedroom, 3-bathroom concrete block home offers incredible potential, just minutes from Orlando International Airport and south of State Road 50 (Colonial Drive), with easy access to major roads, shopping, dining, and all the amenities that Orlando has. The home features a unique and versatile floor plan with multiple living areas, two full kitchens, and a generous lot, offering ample space for multi-generational living, rental income, or creating your dream home. With no HOA, this property provides excellent flexibility, though it is in need of TLC and will be sold "as-is, " giving the right buyer the perfect opportunity to renovate and make it their own. Whether you're looking to flip the property or invest in a home with loads of upside, this is an incredible opportunity in a fantastic location. Act fast and schedule your showing today!
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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 | $208,000 | $208,000 | $208,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.421% | 7.159% | 6.392% |
Monthly Tax Payment | $421 | $421 | $421 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,419 | $1,382 | $1,769 |
Total Monthly Payment | $1,915 | $1,878 | $2,265 |
* 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.