Resting on a Beautiful Flood Zone X Corner Lot (50' x 127') that is Fronting a Brick Street, This Multi-Family Duplex Offers Spacious Living, Dedicated Laundry Closets for Each Unit and a Great Investment. The Southern Unit Offers 832 Living SF with Two (2) Bedrooms, One (1) Bathroom, Private Front Porch, Yard Space and Covered Parking Space. The Northern Unit Offers 744 Living SF with Two (2) Bedrooms, One (1) Bathroom, Private Front Porch, Yard Space and Covered Parking Space as Well. The Building is Single Level, Concrete Block Construction and Offers the Following: Newer Windows and Doors (All with Hurricane Protection), Newer Air Conditioning Systems (2022), Fresh Exterior Paint, Large Parking Area, Ample Yard Space, Refreshed Landscaping and So Much More. Many Updates Throughout Both Units Including the Kitchen and Bathrooms Spaces. Each Unit Has its Own Water/Sewer/Trash Account, Separate Electric and Dedicated Laundry Closet. Spacious Rooms and Generous Outdoor Living Spaces Make These Units Very Comfortable and Appealing for Future Tenants/Owners. The Southern Unit is Currently Rented for $1, 800 per Month (Lease Ending Date of March 31st, 2025) with a Projected Future Rent of $2, 400, and the Northern Unit is Currently Rented for $1, 350 per Month (Lease Ending Date of June 14th, 2025) with a Projected Future Rent of $2, 100 per Month.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.243% | 7.171% | 6.518% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,772 |
Total Monthly Payment | $3,306 | $3,303 | $4,151 |
* 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.