NO FLOOD INSURANCE NEEDED! NO DAMAGE DURING THE STORMS! 100% Occupied Excellent Cash Flowing Investment Opportunity in this Historic Old North East Triplex! This property is in a Prime Location great for starting or adding to your portfolio. Close proximity to the heart of Downtown St. Petersburg. This Triplex offers 2 buildings always in high demand. Can be rented both short or long term. Many great updates in the recent years include roof for both buildings, updated Electical panel, HVAC systems. Both units in the front building have been completely renovated with new flooring, updated kitchen and bathrooms and closets. The 2/1 unit has private laundry inside and the 1 bedroom units share a common laundry area. The 1 bedroom unit above the garage has its own driveway parking and garage storage. There is a shared fenced in courtyard. Plenty of on-street parking. Residents can enjoy an abundance of amities nearby, just a few blocks from Vinoy Resort and Country Club, local shops and dining. 2 blocks away from waterfront & North Shore park & pool. Don't wait call for more info today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,999
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 | $799,999 | $799,999 | $799,999 |
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 | $1,252 | $1,252 | $1,252 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,255 | $5,122 | $7,079 |
Total Monthly Payment | $6,599 | $6,466 | $8,423 |
* 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.