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**INVESTORS**Welcome to 210 S Orange Ave Bartow Florida 33830. Positioned for immediate returns, this income-producing 100% OCCUPIED- 10 UNIT complex offers a turnkey opportunity for investors looking to step into cash flow from day one. With tenants already in place, each unit AVERAGES- $1440. 00 per month, creating a strong and consistent revenue stream. Each unit is a well- designed 2 bedroom, 2 full baths (4 units) OR 3 bedroom -2 full baths (6 units) space featuring an open floor plan that maximizes space and functionality. Ceramic wood look tile flooring runs throughout many of the units- some with carpet & tile, offering durability and easy maintenance. Many kitchens include breakfast bar seating along with a refrigerator, range, dishwasher, & disposal all included in the sale. Each bedroom is comfortably sized, and the bathrooms feature a tub/shower combination or walk in shower. The age of the roof’s range from 2017 to 2019- Ac’s newer adding peace of mind and reducing near-term capital expenses. Tenants are responsible for all utilities, with only lawn care & exterior lighting covered by the owner, helping keep operating costs low and predictable. Located in THE CHARMING CITY of Bartow, this property provides quick access to local dining, shopping, and everyday conveniences, making it an attractive rental option that supports strong occupancy. Whether you’re expanding your portfolio or securing your first investment, this 10 UNIT complex delivers immediate income with solid fundamentals and long-term potential.
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:
$1,850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,480,000 | $1,480,000 | $1,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.223% | 6.097% |
| Monthly Tax Payment | $1,802 | $1,802 | $1,802 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,637 | $8,993 | $12,389 |
| Total Monthly Payment | $10,564 | $10,920 | $14,316 |
* 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.