Looking for an investment opportunity look no further! This duplex is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit is 2 bedrooms and 1 bathroom and is just over 900 living sq. ft. The rear unit has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. Both units are occupied with the monthly rents totaling $2,250.00 and an annual gross income of $27,000.00. So call today to get in on the action before this amazing opportunity slips away! ***Once property has an executed contract access will be granted during due diligence period.***
22 W Polk AVENUE, Lake Wales, FL, 33853
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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