Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a DOUBLE LOT, providing privacy and space for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. You'll be impressed by the recent entire remodel of the front unit! Potential for additional income with the 1/1 on the side that could be used as an in-law quarter or efficiency. This property qualifies for AIRBNB offering a lucrative option for short-term rentals. Property has the potential to be split into TWO lots, allowing for redevelopment and even more value. Separate electrical and water meters make billing a breeze.
1994 NW 47th Ter, Miami, FL, 33142
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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