|
Welcome to 1109 E Rohe Street, Tarpon Springs, FL, an excellent income-producing duplex in one of the most desirable areas of Pinellas County. Located within the historic city limits of Tarpon Springs, this fully occupied, individually metered duplex features two 2-bedroom, 1-bathroom units, each with their own laundry hookups, making it an ideal opportunity for investors seeking rental property in the Tarpon Springs real estate market.
This property has been well maintained through the years and is ready for its next owners. Major system updates include water heaters installed in 2021, HVAC systems from 2018 and 2012, and electrical that is currently insurable, offering peace of mind and long-term investment stability.
Each unit offers a comfortable open floor plan connecting the kitchen and living areas, creating an inviting space for everyday living. The bedrooms are positioned along the exterior walls of the building, allowing for added privacy and natural light. Each unit also features its own private porch with a laundry closet, adding convenience for tenants.
Outside, the property includes a shared private patio area and a large fenced backyard, perfect for outdoor enjoyment. Parking is plentiful with ample street parking along with a large parking pad in front of the property providing two spaces for each unit.
The location is another major highlight. Tarpon Springs is known for its historic charm, vibrant downtown, and proximity to the Gulf Coast, and this property places you close to local restaurants, shops, markets, golf courses, the Pinellas Trail, and the award-winning beaches of the Tampa Bay area. Opportunities like this are becoming harder to find in the Tarpon Springs and Pinellas County investment property market.
Whether you are looking to expand your rental portfolio or secure a well-located multi-family property in Tarpon Springs, 1109 E Rohe Street offers strong income potential in a highly sought-after area of Florida’s Gulf Coast.
Schedule your showing today and explore the opportunity to own this well-maintained Tarpon Springs duplex investment property.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$459,900
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $367,920 | $367,920 | $367,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $525 | $525 | $525 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,236 | $2,323 | $3,055 |
| Total Monthly Payment | $2,835 | $2,922 | $3,654 |
* 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.