Located in a quiet and established neighborhood in Port Charlotte, this home presents 2 bedrooms, 2 and a Half baths and a full 2 car garage making this a prime opportunity for those looking to take on a full renovation project. Offering great potential to transform a fixer-upper into a custom home or profitable investment property. With its spacious layout and desirable features, this home is just waiting for the right buyer to unlock its potential. The home features a large family room, providing a flexible space that could be converted into a comfortable daily space and entertainment hub. The kitchen, while in need of updates, offers ample space for a redesign to meet your vision. Adjacent to the kitchen, the dining room leading to the living room combination provides an ideal space for gatherings, offering plenty of room for a dining set and a cozy living area. This layout allows for a natural flow throughout the home, giving it a welcoming and functional feel. Offering a split bedroom floorplan allowing privacy from either side of the home and both bedrooms are well-sized. With a bit of imagination, these rooms can be transformed into comfortable, inviting retreats. The Primary Bedroom boasts an ensuite bathroom. Both bathrooms provide the basics for remodeling, making it possible to create modern, personalized spaces with ease. A standout feature of this home is the screened-enclosed lanai. This outdoor space holds great potential for anyone who enjoys outdoor living, whether you're envisioning a peaceful retreat or a lively entertaining area. With the warm Florida weather, this could easily become one of the most desirable spots in the home. The 2-car garage provides additional storage and parking space, adding to the overall appeal of the property. Whether you're looking to update the home for personal use or as an investment, the garage space could serve multiple purposes as part of a renovation project. Situated in a desirable area of Port Charlotte, this property is close to shopping, dining, and local amenities. Despite its need for repairs, the home's location makes it an attractive option for those who see the value in the area and are ready to invest the time and effort into making this property shine. This home is being sold As-Is, offering a clean slate for buyers who are ready to dive into a project. Don't miss out on the opportunity to turn this diamond in the rough into a truly unique and valuable property. Port Charlotte, It's not just a place to live; it's a lifestyle. The local community is vibrant and welcoming, with numerous cultural events and recreational activities available year-round. Seize the opportunity to own a piece of this sought-after community. Whether you're dreaming of creating your perfect home or searching for your next investment, this property offers endless possibilities. Don't miss out – make it yours today! * No Site unseen offers will be accepted. *
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William Raveis Mortgage, LLC
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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 | $155,200 | $155,200 | $155,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $378 | $378 | $378 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $943 | $943 | $1,227 |
Total Monthly Payment | $1,396 | $1,396 | $1,680 |
* 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.