Under contract-accepting backup offers. Amazing Investment Opportunity! This property is being sold with 2 other adjacent properties. For a total of 2 Buildable Vacant Lots and another Larger Property that has a Triplex with 2 Extra Attached Mother-n-law Suites. All within the City Limits! The Potential ANNUAL NET RENTAL INCOME is $72,000! There are tenants already there renting month to month but they are hoping to sign a longterm lease with the new owner. The other two PID #'s are 0026 12 0058 and 0026 12 0054. Look up the MLS Number A4688091 for more details on the included property with the Triplex. Make your appointment Today!
40TH STREET, Sarasota, FL, 34234
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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