Location! Location! Location! Great opportunity for investors. Primary Zoning is Duplexes. According to the Property Appraiser's Office the property's Primary Land Use reflects Residential Single Family Use-1 Unit although it currently is being utilized as a triplex. Original home was a 3/2 that was converted to an updated 2/1 in the front with new impact windows and laminate flooring. Attached 1/1 on right side. The property also features a second attached 1/1. Long-term tenants are currently paying below market value rents, offering incredible upside potential for the investor. Near MIA and major highways. NO HOA. CASH only.
3631 NW 4th St, Miami, FL, 33125
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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