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Stunningly Renovated Duplex with HUGE Units in the Riverside Historic District! This beautifully renovated duplex offers a unique opportunity for both investors and owner-occupants. Situated on a corner lot, this property combines classic charm with modern updates and a prime location. Each spacious unit boasts nearly 1, 500 square feet of living space, featuring 3 generously sized bedrooms, elegant sunrooms, and cozy fireplaces (decorative only). Both units feature hardwood floors in excellent condition, recently remodeled kitchens and bathrooms and all-new appliances. The property also features new electrical and plumbing upgrades, as well as a newer roof (2022). Property currently operates as a STR. It includes a 2-car detached garage with new garage doors and updated electrical on the interior. Residents of this property will love the convenience of the short bike ride to Five Points and Memorial Park as well as the short drive to downtown and the highly anticipated Gateway Jax!
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Our Executive Mortgage Banker:
Our Insurance Division:
$669,900
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 | $535,920 | $535,920 | $535,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $592 | $592 | $592 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,476 | $3,611 | $4,595 |
Total Monthly Payment | $4,160 | $4,295 | $5,279 |
* 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.