Are looking for your next investment property? This triplex in beautiful and historic Euclid St. Paul's, located less than two miles from downtown St. Pete, is an amazing opportunity! The largest unit (approximately 790 sq. ft. ) is on the first floor. Enter through a roomy, screened porch, and inside you have the option of a one-bedroom, one-bath floorplan with a living room and separate dining room, or you could use one of those spaces as a second bedroom. The upstairs units, each approximately 445 sq. ft. and with its own side entrance and bathroom, are both loft-style with space for dining/sleeping/lounging. There are two attached garage spaces totaling approximately 600 sq. ft. Each unit has its own separate electric meter. The building, 1680 total square feet and built in 1924, has some charming period details, including farmhouse sinks in the kitchens, clawfoot tubs, and some beadboard ceilings and walls. It also has modern touches, such as a newer roof (2013), exterior paint (2018), AC wall units, and ceiling fans. The triplex is located on a quaint street and is surrounded by single-family homes. Crescent Lake Park, restaurants on 4th and 9th Streets, and Sunken Gardens are all about a mile away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $621 | $621 | $621 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,006 | $3,810 | $4,855 |
Total Monthly Payment | $4,719 | $4,523 | $5,568 |
* 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.