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One or more photo(s) has been virtually staged. Looking for a property with endless possibilities? This spacious home, situated on over an acre of land in the county, offers both commercial and residential potential. Whether you're looking to run your business from home or simply enjoy this spacious home with a large fenced yard and shed/storage conveniently located near town. With plenty of room to grow, it's great for anyone seeking a blend of comfort and opportunity. While it may be somewhat dated, the price is right, making it a great opportunity to update and make it your own. The property offers two separate front entrances, one for the business/office side and other for residence. Ample parking is available for convenience. Interiorly there are 3 bedrooms and 2 full baths upstairs. The downstairs area includes a spacious kitchen, two separate living areas, two half baths and an office/business space making it convenient for both living and working. Home also boast two fireplaces, making both living areas cozy and inviting. The city of Inverness Florida is a charming small town that offers a peaceful, welcoming atmosphere while still providing plenty of activities and amenities for residents and visitors alike. The town is nestled on the Tsala Apopka chain of lakes which offers opportunities for fishing, biking on the Rails-to-Trails, boating and enjoying the natural beauty of the area. Make an appointment today to see the potential this property has, you will not be disappointed!
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Our Executive Mortgage Banker:
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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 | $239,920 | $239,920 | $239,920 |
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% | 7.050% | 6.152% |
Monthly Tax Payment | $61 | $61 | $61 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,497 | $1,576 | $2,008 |
Total Monthly Payment | $1,633 | $1,712 | $2,144 |
* 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.