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Solid concrete block duplex in the heart of Largo featuring brand-new fencing, a non-flood zone location, and long-term tenants already in place. Each tenant-occupied unit offers approximately 1, 064 square feet of living space with a spacious 3-bedroom, 1-bath layout, providing immediate rental income and established occupancy. All units are individually metered for water and electricity, helping simplify management and keep operating expenses low.
The new fencing creates added privacy between the residences while allowing for generous backyard space for each unit. With existing leases in place and future income growth potential, this property presents an attractive opportunity for investors seeking both current cash flow and long-term value.
Conveniently located near shopping, dining, parks, beaches, major roadways, and employment centers, this duplex combines a desirable location with dependable rental income. Whether you're expanding an existing portfolio or acquiring your first multifamily property, this is an excellent opportunity to own an income-producing asset in a sought-after Largo location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$460,000
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 | $368,000 | $368,000 | $368,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $524 | $524 | $524 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,204 | $2,324 | $3,056 |
| Total Monthly Payment | $2,803 | $2,923 | $3,655 |
* 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.