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This property offers a versatile layout ideal for investors or buyers looking to occupy one unit while generating additional rental income. Originally designed as a 3-bedroom, 2-bathroom single-family home, it has been adapted to provide multiple living spaces, each with its own private entrance.
The property features a 2-bedroom, 2-bath unit with a full kitchen, living area, and private entrance; a 1-bedroom, 1-bath unit with a kitchen, private entrance, and washer/dryer connections; as well as a studio-style unit with a private bathroom, ideal for single occupancy or flexible use.
The property includes recent updates, such as renovated bathrooms and a roof approximately 2 years old, adding value and peace of mind for the buyer.
The property currently generates rental income, offering an excellent opportunity for investors (buyer to verify terms and amounts).
No HOA, providing greater control and flexibility compared to properties with association restrictions.
Conveniently located in Osceola County with easy access to major roadways including the 417 and Florida’s Turnpike, as well as close proximity to shopping centers, dining, and essential services.
This property represents an excellent opportunity for those looking to generate income, diversify their portfolio, or live in one unit while renting the others.
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$360,000
William Raveis Real Estate
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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 | $288,000 | $288,000 | $288,000 |
| 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 | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $114 | $114 | $114 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,773 | $1,818 | $2,392 |
| Total Monthly Payment | $1,962 | $2,007 | $2,581 |
* 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.