Some photos are virtually staged. 2 bedroom 2 bath Condo in Downtown Leesburg. Discover the perfect blend of convenience and affordability with this 2nd Floor, End-Unit Condo in the heart of downtown Leesburg. Whether you're a professional working nearby, a student seeking a smart alternative to renting, or an investor looking for a great opportunity, this property checks all the boxes.
Features you'll love: Recently updated and freshly painted--move-in ready, No popcorn ceiling for a modern look, new remote-control ceiling fans with LED lighting in both bedrooms and the living room, durable tile and LVP flooring (no carpet), and a well equipped kitchen with granite countertops and ample cabinetry. Additional conveniences include: Water included in the HOA--one less bill to worry about, a private assigned covered parking space, and onsite laundry facilities for easy living.
For investors, this is a fantastic opportunity with high affordability and immediate ROI potential. The property is easily rentable, making it a smart addition to your portfolio.
Why rent when you can own? Gain equity while enjoying the unbeatable walkability of downtown Leesburg--perfect for work, school, and leisure. Call today for a private showing or schedule a FaceTime tour if you're out of town. This gem won't last long.
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Our Executive Mortgage Banker:
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$130,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $48 | $48 | $48 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $701 | $709 | $899 |
Total Monthly Payment | $824 | $832 | $1,022 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.