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**Income-Generating Duplex in Prime St. Petersburg Location** Discover an exceptional investment opportunity at 1743 Yale St S, St. Petersburg, FL 33712. This fully renovated duplex comprises two separate units, has a total of 5 bedrooms and 2 bathrooms. **Front Unit: ** - **Size: ** Approximately 1, 180 sq. ft. - **Layout: ** 3 bedrooms, 1 bathroom, full kitchen, living room, and dining area. - **Features: ** Inside laundry with a washer and dryer. **Rear Unit: ** - **Size: ** Approximately 700 sq. ft. - **Layout: ** 2 bedrooms, 1 bathroom, galley kitchen, and living room. **Property Highlights: ** - **Renovations: ** Completely remodeled in 2021, including a new roof, and new flooring throughout. - **Additional Upgrades: ** New asphalt driveway, fully painted exterior, and termite tenting completed in 2021. - **Solar Panels: ** The property is equipped with solar panels, and the buyer must assume the existing solar panel lease. - **Parking: ** Driveway and street parking available. Both units are currently leased, presenting an immediate income stream for the new owner. For Investors seeking a turnkey opportunity in a desirable location. Don't miss out on this chance to own a income-producing duplex in the heart of St. Petersburg
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$469,000
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 | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.050% | 6.152% |
Monthly Tax Payment | $338 | $338 | $338 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,372 | $2,465 | $3,141 |
Total Monthly Payment | $2,785 | $2,878 | $3,554 |
* 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.