AMAZING INVESTOR OPPORTUNITY!
Step into the charm and character of this beautifully updated duplex, nestled in a quiet yet conveniently located neighborhood near downtown Jacksonville. This rare find has a quaint, old Jacksonville feel that makes this property truly special. Both units, featuring gleaming hardwood floors throughout, invite you into a cozy and stylish living environment. The duplex boasts two delightful units, each with 2 bedrooms and 1 bath. The ground floor unit welcomes you directly from the entrance, while the second-floor unit offers an intriguing twist—you enter on the ground floor and take the interior stairs to a serene living space above. Both units ensure modern comfort while retaining their unique charm. Currently operating as successful Air B&B rentals, these units present a fantastic income opportunity for investors. Imagine continuing the thriving business with the option to purchase furnishings, making for an effortless transition. Alternatively, envision transforming these spaces into long-term rentals or even moving in yourself and renting out the other unit. Each unit comes with its own dedicated garage, providing secure parking and ample storage. The shared outdoor area is a true retreat, featuring a covered relaxation space, a firepit, and a hammock where you can unwind and soak in the tranquility of the surroundings. This duplex is not just a property; it's a versatile gem with endless possibilities. Whether you're looking to invest, generate income, or find a new home with rental potential, this is an opportunity you won't want to miss. Come experience the charm, convenience, and potential of this remarkable property for yourself.
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Our Executive Mortgage Banker:
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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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $403,920 | $403,920 | $403,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $610 | $610 | $610 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,687 | $2,685 | $3,463 |
Total Monthly Payment | $3,389 | $3,387 | $4,165 |
* 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.