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Great opportunity to own a solid income producing Multi-Family 'Duplex' - Strong Rent Rolls with opportunity to increase rents! Recently updated! Newer roof and newer central HVAC systems (both sides). Ceramic Tile floors flow seamlessly from room to room. A screened in-lanai compliments both units – perfect for enjoying the Florida lifestyle and nice weather while extending the "under-roof" living space. A generously sized backyard with a brand new enclosed fence for privacy is great for playtime, outdoor barbecues, or family play area under the shade tree. The nicely appointed Brand NEW KITCHEN remodel in unit-B features new cabinets, new oven/range, new stainless steel refrigerator, new quartz countertops, new stainless steel sink and new kitchen faucet with new tile floors. The updated Bath in Unit-B includes a resurfaced shower and newer commode. The screened-in lanai of unit-B has also been newly painted, with new ceramic tile installed. The entire Duplex exterior stucco has recently been painted, featuring high quality, 'Behrs Best Product for exterior stucco' - professionally applied with Elastomeric Lifetime coating Paint on the entire Duplex. Driveway parking available on each side for 1-2 cars. There are a myriad of diverse, brand new retail and restaurants on 14th Street West that’s a few minutes from the duplex. The current Leases are assignable (or there may be the possibility for a Landlord/Owner to live on one side and rent the other). Bradenton is one of Florida’s fastest-growing demographic regional areas with strong, ongoing positive gentrification. The broader North Port-Sarasota-Bradenton metro area ranks among the top fastest-growing U. S. metros, fueled by a strong local GDP, appealing Gulf Coast lifestyle, and net migration from higher-cost cities like Miami. The region's rapid expansion is reshaping the local housing market and economy. Booming Population: The Bradenton metro has gained tens of thousands of new residents in recent years, while the city itself is growing at an annual rate of over one point. Nearby Master-planned communities like Lakewood Ranch (located just southeast of the city) are driving a massive portion of the region's suburban growth and new construction. Fantastic award winning Gulf beaches are all within a short drive (Bradenton Beach & Anna Maria Island)! Do not disturb Tenants. 2025-26 Rent Rolls Available on Request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
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
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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 | $239,920 | $239,920 | $239,920 |
| 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% | 6.652% | 5.952% |
| Monthly Tax Payment | $250 | $250 | $250 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,477 | $1,515 | $1,992 |
| Total Monthly Payment | $1,802 | $1,840 | $2,317 |
* 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.