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Investor and House Hacker Alert! Check out this Block Duplex Investment Opportunity in a Prime North Tampa location. This well-maintained duplex in the heart of North Tampa offers a rare opportunity to own a cash-flowing property in a high-demand rental market. The property currently brings in $2700 a month in rental income. The properties electric is separately metered and the tenants are responsible for all utilities, delivering steady income with very low expenses. Each unit features 2 bedrooms and 1 bathroom. The units are spacious with well maintained living areas and private entrances—perfect for tenants seeking comfort and convenience. Outside, the fully fenced back yard provides privacy while allowing owners to better accommodate tenants with pets if they choose to allow them. Located minutes from I-275, USF, Busch Gardens, and downtown Tampa, this duplex is ideally situated for commuters and working professionals. The surrounding area continues to experience strong appreciation, making this a smart buy-and-hold or potential house-hack opportunity. Block duplexes in Tampa are extremely sound investments. With one lease expiring in June, this property is perfectly positioned for a house hack opportunity; collect rent from one unit while you occupy the other. Call today to schedule a showing!
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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 | $264,000 | $264,000 | $264,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $284 | $284 | $284 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,625 | $1,734 | $2,192 |
Total Monthly Payment | $1,984 | $2,093 | $2,551 |
* 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.