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Investor's Dream! Cash-Flowing Triplex just 2 Miles from Downtown St. Pete. Unlock the potential of this income-producing triplex in Barlett Park! Featuring two buildings separated by a fence, this multi-unit property is perfect for an investor seeking strong cash flow and long-term appreciation, while providing a unique house-hack opportunity: Live in the 4/2 while the other units help you cover your mortgage! The single-story Front Building includes two 2BR/1BA units, with inside utility rooms for washer & dryer, separate electric meters, and driveway parking. Both units are currently leased. The Rear Building, accessible via Granville Ct S (off 18th Ave S), is a spacious 4BR/2BA two-story block home featuring the master bedroom and 1 bath downstairs, three bedrooms and 1 bath upstairs, and inside washer & dryer hookups. Conveniently vacant for showings and potential owner-occupants! Don't miss out on this versatile investment opportunity! Contact me today for details and showings.
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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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $413 | $413 | $413 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,244 | $3,416 | $4,318 |
Total Monthly Payment | $3,749 | $3,921 | $4,823 |
* 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.