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Turnkey Duplex Investment - Major Capital Improvements already complete - Investor-ready duplex with extensive system upgrades completed from 2021 to 2024—no deferred maintenance, no guesswork, this income-producing property is ideal for any buy-&-hold investor looking for a stabilized asset with strong long-term potential. Big Ticket Items Done: New roof (2022), Unit A septic replaced (2023), updated HVAC systems in both units (2021 & 2023), Unit A new water heater(2024), & separate electric panels. Unit A Upgrades (2023-2024) New A/C, septic, refrigerator, washer, water heater, & covered back patio. Excellent layout for stable tenancy. Unit B Upgrades (2021-2023) - remodel of bath, kitchen, laundry, & bedroom. New electric panel, washer/dryer, microwave, & front patio cover. Front doors replaced, patios covered, & modern fencing added. Move-in ready condition supports market rents with minimal turnover or downtime. Ideal for investors looking for a low-maintenance duplex with upside in rents & minimal near-term capital expenditure. Great portfolio addition in a growing area. See documents tab for the full upgrade listthis one is ready to cash flow from day one. Quiet street only 6 minutes to I-295, 8 minutes to UNF and 10 minutes to St. Johns Town Center. This home qualifies for lender sponsored 1-year, 1% temporary interest rate buydown program when using preferred lender. Transferable WDO Bond
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Our Executive Mortgage Banker:
Our Insurance Division:
$330,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $264,000 | $264,000 | $264,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | $401 | $401 | $401 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,562 | $1,647 | $2,156 |
| Total Monthly Payment | $2,037 | $2,122 | $2,631 |
* 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.