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5750 Illinois AVENUE, New Port Richey, FL, 34652 | $310,000
Under contract-accepting backup offers. WONDERFUL investment bungalow duplex available for sale! 2 YR old roof! Great tenants in Place. Leases for them up in August and October. Studio apartment was fully renovated and upgraded two years ago to include the plumbing for the studio!. Current rents could be higher but the tenants are fantastic so we wanted to keep them in place. The backyards are fenced and private to each tenant. The front unit of this duplex is large and has a lovely open floorplan where the kitchen and living area are open to each other and are quite spacious. The master bedroom is large as well and leads to a door to go the backyard and to the laundry area/ storage room. The studio is at the back of the duplex and this space has been completely renovated and upgraded. Everything was brand new just two years ago. Its quite impressive for a small space and very inviting. It doesn't have a laundry space, but could easily have one beside installed inside where there are shelves int he kitchen. Doing this would make it easier to collect more rent!! This location is close to downtown NPR and has been easy to find good tenants that want to stay. This investor property is a great opportunity for any investor. Its one that you could live in one of the units and rent out the other is your liked or do as the current owner did and rent out to long terms tenants! But hurry to see this adorable BUNGALOW DUPLEX!
Features
- Bedrooms: 2
- Units: 2
- Laundry: Inside, Washer Hookup
- Year Built: 1963
- Heating: Central, Electric
- Cooling: Central Air, Wall/Window Unit(s)
- Approx Sq. Feet: 1,328
- Acreage: 0.17
- Est. Taxes: $4,887
- Pet Policy: Dogs OK, Yes
- Appliances: Range, Refrigerator
- Lease Terms: >6 Months <12
- MLS#: T3512779
- Days on Market: 48 days
- Website: https://www.raveis.com
/prop/T3512779/5750illinoisavenue_newportrichey_fl?source=qrflyer
Listing courtesy of COAST 2 COAST REALTY Phone: 877-585-7356
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5750 Illinois AVENUE, New Port Richey, FL, 34652
$310,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $248,000 | $248,000 | $248,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
| Monthly Tax Payment | $407 | $407 | $407 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,692 | $1,648 | $2,093 |
| Total Monthly Payment | $2,174 | $2,130 | $2,575 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388