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Presented by![]() Kerian Evans |
Rare Investment Opportunity! This quadruplex, featuring a new roof (2023), consists of four spacious 1, 532 sq. ft. townhome-style units, each with 4 bedrooms, 2. 5 baths, and two designated parking spaces. With over 6, 130 sq. ft. of heated space, no HOA, and a strong rental history, this property is an investor’s dream. Each home features a large living room, family room, kitchen, laundry room, and half bath on the first floor, with four bedrooms and two full baths upstairs. The property has been well maintained, with three of the four HVAC systems recently replaced. All units have individually metered utilities, tenants cover their own expenses, maximizing investor returns. Located in a high-demand rental market, this property presents an opportunity for strong cash flow, value appreciation, and future rent increases. While some cosmetic updates may be needed when the time comes to secure a new tenant, the steady rental income and prime location make this a turnkey investment. Conveniently situated near shopping, dining, major highways, and Central Florida attractions, this is an ideal opportunity for both seasoned and new investors. Sellers are downsizing their investment portfolio, capitalize on this rare opportunity of 4 connected Townhomes/no HOA and schedule your showing today!
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$899,950
Sales Associate
William Raveis Real Estate
Phone: 203.331.5351
Kerian.Evans@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,960 | $719,960 | $719,960 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 6.764% | 6.581% |
Monthly Tax Payment | $548 | $548 | $548 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,492 | $4,610 | $6,222 |
Total Monthly Payment | $5,132 | $5,250 | $6,862 |
* 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.