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**Incredible Multi-Property Investment Opportunity in Plant City!**
Discover the potential of this unique **multi-property listing** in the heart of Plant City, offering a rare opportunity to own **three adjacent parcels** totaling 3. 77 acres. The following properties are included in the sale:
**1802 McGee Rd, Plant City, FL** *(Folio# 089545-0100)*Main Home- Vacant- includes detached Inlaw Suite with seperate address *1804 McGee Rd* Vacant, and additional mobile home rental (currently rented)seperate address 1806 McGee Rd. all on 1. 5 acres
**1810 McGee Rd, Plant City, FL** *(Folio# 089545-0300)* currently rented on 1. 01 acres
**1812 McGee Rd, Plant City, FL** *(Folio# 089545-0200)* – Includes a **mobile home** currently rented on 1. 26 acres
This **income-generating property** features **five homes**, with **tenants already in place in three of them**, providing immediate rental income. Whether you're an investor looking to expand your portfolio or a buyer seeking a **spacious multi-home property**, this opportunity offers both flexibility and income potential.
Nestled in a **peaceful, rural setting** with convenient access to major highways. Don't miss this rare chance to own multiple properties in one transaction!
**Schedule your private showing today!**
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$524,900
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 | $419,920 | $419,920 | $419,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $538 | $538 | $538 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,586 | $2,759 | $3,487 |
Total Monthly Payment | $3,216 | $3,389 | $4,117 |
* 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.