Duplex with Additional Income Potential | Two - 2 Bed, 2 Bath Units | New Roof | Fresh Paint
OCCUPANTS ARE NOT AWARE OF SALE. NO SIGN.
Clean and well maintained Duplex built in 1983 with two, 2 bedroom, 2 bathroom units, 978 sq ft under air in each unit. New roof and fresh paint completed in 2024. The duplex sits at the end of a cul-de-sac and is just minutes from Blackburn Elementary School.
Total 2, 106 Under Roof
Annual Gross Income $45, 600
Current Rental Income - $1, 900 per unit Increase Potential!
Combined 2023 Property Tax - $4, 831
Manatee Property ID 901100560 - 901100552
Flood Zone X Effective 8/10/2021
As-Is Contract Only
This home is centrally located in Ellenton FL, just a short drive north of the Sarasota Bradenton International airport and about 25 minutes to Gulf Coast beaches. St Petersburg and Tampa is 20 minutes north, across the Sunshine Skyway Bridge.
1611 & 1613 39th Ave. Dr. E. Ellenton FL 34222
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$569,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $455,920 | $455,920 | $455,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $403 | $403 | $403 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,033 | $2,995 | $3,845 |
Total Monthly Payment | $3,528 | $3,490 | $4,340 |
* 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.