Curb Appeal! This Crescent Heights Neighborhood property features a main front house & two rear, legal apartment units. Live in the main house and rent the two apartments, to help pay the mortgage! All three units have central ac, dishwasher, in-unit stacked laundry, sun exposure on four sides, and a new roof (pending). No Flood zone! The main house is a charming Craftsman cottage with two bedrooms, two baths, updated kitchen, breakfast area, separate dining room, living room w/ fireplace, den, upstairs bonus room, spacious rear deck and fenced, backyard with room for a pool. The circulation flow from the living spaces to the deck to the yard provide an excellent sequence of spaces to entertain family and friends. The rear house contains two apartments - an upstairs two bedroom/one bath and a ground floor one bedroom/one bath. Both apartments have been renovated. The kitchens have white Shaker cabinets and granite countertops. The walls have a patterned, plaster finish. Between the front and rear house is a storage shed that is accessible to either house. The main house lower level and the upper apartment have original hardwood flooring. The lower apartment has porcelain tile flooring. The upper windows of the main house, plus kitchen sink window, and the lower apartment windows have all been replaced with impact-resistant windows. There are three, off-street, parking spaces at the rear of the property accessible from the alley. Easy street parking is also available. Potential 2025 annual, gross income from rent, $52, 000+ The property is steps to Crescent Lake Park, a short walk to Tampa Bay beaches and
parks, and a longer walk to vibrant Downtown St. Pete shops, restaurants, and entertainment. One of a kind in one of St. Petersburg's finest neighborhood.
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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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $833 | $833 | $833 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,806 | $6,634 | $9,096 |
Total Monthly Payment | $7,764 | $7,592 | $10,054 |
* 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.