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One or more photo(s) has been virtually staged. Calling All Investors, We welcome you to historic Ybor Heights! This charming three-bedroom, two-bath craftsman bungalow offers the perfect opportunity to restore a piece of Tampa’s history. The home features updated windows, which are currently boarded, but they are newer and in-tact. The interior has been gutted and partially renovated, ready for your finishing touches to bring your vision to life. Situated on a spacious privacy fenced lot surrounded by majestic bamboo and a mature avocado tree, the property offers a tranquil and private feel in the heart of the city. A large concrete pad in the backyard provides endless possibilities—ideal for an accessory dwelling unit (ADU), workshop, or outdoor patio space subject to city ordinances and building code. Please note, the property does have open building violations for unpermitted work completed by a prior owner. The City has indicated a willingness to work with the current owner regarding fines. The buyer will be required to sign a Hold Harmless Agreement acknowledging the open violations and agree to complete renovations in a timely fashion after close of escrow (Typically with-in 30 days). Obtaining necessary building permits will be required to close the open case with the city. This is a fantastic opportunity for an investor or homeowner looking to restore a historic gem in a thriving neighborhood!
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Our Executive Mortgage Banker:
Our Insurance Division:
$189,900
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
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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 | $151,920 | $151,920 | $151,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $388 | $388 | $388 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $935 | $959 | $1,262 |
| Total Monthly Payment | $1,398 | $1,422 | $1,725 |
* 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.