Presented byCarrie Sakey - Fowler Sakey & Team |
WOW! Triplex with detached single family in prime Winter Haven Location just steps from Lake Howard. A recent appraisal for $380, 000 is attached to the listing. The three triplex units have been remodeled and are turn key. The rear SF has a long term tenant and can be updated on your schedule. All leases renew in spring of 2024. The front 2 units have a new driveway. Ample parking with alley access in back for unit 3 and the Single Family. Rents have lots to room to grow and this property would make an excellent Airbnb location. Roof is at end of life and the list price reflects that. Seller is open to adding one with a post closing escrow with cost ADDED to purchase price if Buyer would like to roll into financing. The property is zoning legal non conforming but grandfathered in. There is a letter from the City of Winter Haven attached to the listing. Picture were taken during remodeling and units 1, 2, & 3 are now completed. Please submit your highest and best offers. Don't wait this one will be gone fast! Measurements and square footage are estimated Buyer to verify measurements. PLEASE DO NOT DISTURB TENANTS. Showings only after acceptance of an offer during the inspection period.
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Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.521.1119
Carrie.Sakey@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $287,920 | $287,920 | $287,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | $180 | $180 | $180 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,916 | $1,914 | $2,428 |
Total Monthly Payment | $2,171 | $2,169 | $2,683 |
* 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.