Recently renovated Fourplex offering Tremendous Potential! This modernized fourplex is a true gem, catering to both homeowners and savvy investors. Each unit has 2 bedrooms and 1 bath, complete with remodeled kitchens, culminating in a total of 8 bedrooms and 4 baths. The property is fortified with impact windows, ensuring security and tranquility. Both front units are already rented for $2,000 monthly. The back 2 units are vacant but can be rented for $1,800-$2,000 totaling a monthly gross income of $7,600-$8K! 5 parking spaces so 1 for each unit and the 2 extra spaces can be rented out for extra income. Also coin laundry can be added for extra income as well
1539 NW 8th Ave, Fort Lauderdale, FL, 33311
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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