Multiple offers please submit highest and best by Sunday, 01/19/25 at 5: 00pm. Welcome to this fantastic investment opportunity in the heart of Kissimmee! This well-maintained duplex at 222 N Orlando Ave offers a prime location just minutes away from the vibrant downtown area, local attractions, dining, and major highways, making it perfect for both tenants and owners alike. Unit A is $1300/mo and lease expires on 6/30/2025. Unit B is $1300/mo and it's month-to-month. Dual income producing, each unit features comfortable living spaces, large windows that fill the rooms with natural light, and easy-to-maintain natural wood luxury vinyl & large ceramic tile flooring throughout. Unit A opens up to the main living room area & open concept kitchen with modern appliances, 24” shaker cabinets, gorgeous stone countertops, and an eat-in kitchen island. Unit A holds a full stackable washer/dryer duo conveniently situated near the kitchen. Bedrooms 1 & 2 in Unit A have abundant natural light access via the picture windows & are equipped with built-in closets & modern light fixtures. Two full bathrooms each with modern stone & tile design each holding its own full standing shower. In the second Unit B, there’s a similar open concept living area with open concept to the kitchen equipped as well with immaculate stone countertops, modern appliances, ample storage space in large shaker cabinets, and its own unique eat-in space upon the kitchen sink outlook. Unit B has 1 full bedroom with built-in closet space and a full bathroom with standing shower and modern vanity. There’s a full separate laundry room space in Unit B. Each unit has access to the charming backyard for added outdoor enjoyment. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer, this duplex offers an excellent opportunity to generate steady rental income with ample parking spaces for tenants. Situated in a desirable area close to shops, restaurants, and world-renowned theme parks like Walt Disney World. Perfect for attracting long-term tenants or for someone seeking a home with rental income potential. Don't miss your chance to own this turnkey duplex in a highly sought-after location. Contact us today to schedule a showing and explore the potential of this fantastic property!
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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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $237 | $237 | $237 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,571 | $1,590 | $2,017 |
Total Monthly Payment | $1,883 | $1,902 | $2,329 |
* 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.