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Under contract-accepting backup offers. Exceptional income-producing opportunity in one of Orlando's most sought-after neighborhoods. Located on a corner lot in desirable Lancaster Park, this well-maintained duplex at 1815 & 1817 Hackney Avenue offers strong rental performance, recent updates, and an unbeatable location within the highly coveted Blankner K-8 and Boone High School district. Investor Opportunity in Lancaster Park | Fully Occupied Duplex in SODO. This property offers an ideal combination of stable rental income, location, and future upside.
The duplex features two separate 2-bedroom, 1-bathroom units, each with private entrances and comfortable living spaces. One unit has been recently renovated, while the second unit presents an opportunity for future value-add improvements and increased rental potential. NEW ROOF 2024
Currently generating approximately $35, 400 in gross annual income, this turnkey investment benefits from strong tenant demand driven by its proximity to Downtown Orlando, Orlando Health, SODO shopping and dining, Wadeview Park, major roadways, and area employers.
Excellent long-term investment or owner-occupant opportunity
Whether you're looking to add a solid income-producing asset to your portfolio or secure a property in one of Orlando's most desirable neighborhoods, this Lancaster Park duplex offers exceptional potential in a premier location. PRICED AT RECENT APPRAISED VALUE call for more information
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$510,000
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 |
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|---|---|---|---|
| Loan Amount | $408,000 | $408,000 | $408,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $573 | $573 | $573 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,413 | $2,545 | $3,361 |
| Total Monthly Payment | $3,078 | $3,210 | $4,026 |
* 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.