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Unlock the potential of this gutted duplex located in a desirable area of Punta Gorda, offering an outstanding opportunity for investors and renovators alike. This property features two separate one-bedroom, one-bathroom units, making it ideal for those looking to create a strong long-term rental asset or a dual-income investment property.
The duplex has been cleared down to its core, giving you a true blank canvas to design, modernize, and build to your vision. Whether you plan to renovate both units for rental income, live in one side and lease the other, or fully customize for resale, this property provides the flexibility and upside that today’s investors are searching for.
Situated in a convenient and established Punta Gorda neighborhood, the location offers easy access to downtown Punta Gorda, shopping, dining, waterfront parks, and major roadways. This area continues to see strong rental demand, making it an excellent setting for a high-yield investment.
With two units under one roof, the potential for dual income adds significant value, while the current condition allows you to control renovation costs and finishes to maximize your return. Opportunities like this are becoming increasingly rare in Punta Gorda — especially properties that allow investors to create exactly what today’s tenants are looking for.
If you’re seeking a true investor special with long-term upside, 2900 Vasco Street delivers location, flexibility, and strong income potential all in one.
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
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 |
|
|---|---|---|---|
| Loan Amount | $156,000 | $156,000 | $156,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | $28 | $28 | $28 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $898 | $948 | $1,264 |
| Total Monthly Payment | $1,001 | $1,051 | $1,367 |
* 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.