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520 SW 5TH AVENUE, Lake Butler, FL, 32054 | $299,000
Two-Home Property Ideal for Investors and Owner-Occupants
Discover the unique opportunity to own a remarkable property featuring two homes, perfect for investors or those looking to earn rental income while enjoying the comforts of their main residence. Situated on a desirable corner lot, the main home, built in 1910, exudes character and charm, showcasing a brand-new roof and a beautifully large covered front porch—an inviting space for relaxation and gatherings.
Main Home Highlights:
- Bedrooms/Bathrooms: 3 spacious bedrooms and 2 full baths, accommodating families of all sizes.
- Living Spaces: A bright living room provides a welcoming atmosphere, while the kitchen offers ample space for culinary creations.
- Convenient Features: Enjoy the practicality of an indoor laundry room and utility closet, ensuring functionality in everyday life.
Secondary Home Features:
- Spacious Mobile Home: Also featuring 3 bedrooms and 2 baths, this mobile home is perfect for guests or as a rental unit.
- Outdoor Living: A screened porch allows for serene outdoor enjoyment, without the hassle of bugs.
- Comfort and Convenience: Inside, you will find a roomy living area and a kitchen/dining space that's perfect for entertaining or family meals.
Both homes has separate addresses but are located on one parcel.
This property not only offers a charming living experience but also presents an excellent investment opportunity. Whether you wish to occupy one home and rent the other, or manage both as income-generating properties, the possibilities are endless. Don’t miss out on this rare find!
Features
- Rooms: 3
- Bedrooms: 6
- Baths: 4 full
- Lot Size: 105 x 105
- Laundry: Laundry Room
- Year Built: 1910
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,471
- Acreage: 0.25
- Lot Size: 105 x 105
- Est. Taxes: $1,216
- Lot Desc: Corner Lot
- Elem. School: Lake Butler Elementary School-UN
- Middle School: Lake Butler Middle School-UN
- High School: Union County High School-UN
- Appliances: Range, Refrigerator
- MLS#: OM698320
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/OM698320/520sw5thavenue_lakebutler_fl?source=qrflyer
Listing courtesy of INVICTUS REAL ESTATE LLC Phone: 352-619-4466
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
520 SW 5TH AVENUE, Lake Butler, FL, 32054
$299,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
| Monthly Tax Payment | $101 | $101 | $101 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,492 | $1,571 | $2,002 |
| Total Monthly Payment | $1,668 | $1,747 | $2,178 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388