3 Beds
3 Baths
1,600 SqFt
3 Beds
3 Baths
1,600 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $199
Subdivision Oakland Park Or A D Gilleys
MLS Listing ID O6210573
Bedrooms 3
Full Baths 3
HOA Y/N No
Originating Board Stellar MLS
Year Built 1936
Annual Tax Amount $1,111
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Highlights:
- Buy These TWO New Houses on ONE Lot..NO MONEY DOWN !
- Approved USDA NO MONEY DOWN Rural Loan or a VA Loan!!!!!
- Seller will give you $19,000 to pay all your closing costs !!
- Buyer pays NO MONEY OUT OF POCKET to purchase these TWO NEW homes!!
- Seller is very generous to buyer brokers!!!!
- Buyer gets $33,000 in INSTANT EQUITY
This unique property features two separate completely remodeled homes totaling 1600 square feet, offering endless possibilities. Live in one, rent the other and let the rent pay off most of your mortgage. Need an in law suite or multi generational home, no problem!
**Incredible Investment Opportunity!**
This property offers exceptional value at an average sale price of $220 a square foot, pricing the 1,600 square foot home at a $352,000 value. YOUR BUYER will gain an INSTANT EQUITY of $33,000!
**Purchase Details:**
- Buy both houses for just $319,900
- ZERO down payment required!
- $319,000 loan at a 5.7 percent present interest rate (30 year loan)
- Monthly payments of approximately $2,119 (including principal, interest, taxes, and insurance)
**Rental Potential:**
- Two-bedroom, two-bath house can be rented for $2,000 a month, including utilities.
- Live in the one-bedroom house for just the cost of utilities while the rental income covers all but $119 a month of your mortgage!
Don't miss out on this fantastic investment where your rental income can pay off most of mortgage. Contact us today for more details!
**Main Home:**
- 2 Bedrooms, 2 Bathrooms (850 sqft)
- Fully Remodeled: New floors, interior & exterior paint, new kitchen, new appliances, new hvac, new hot water heaters, bathrooms, new metal roof, new windows and more!
**Second Home:**
- 1 Bedroom, 1 Bathroom (750 sqft)
- Fully Remodeled to match the main home’s high standards.
Location
State FL
County Polk
Community Oakland Park Or A D Gilleys
Zoning R-1B
Interior
Interior Features Eat-in Kitchen, Kitchen/Family Room Combo, Thermostat, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Laminate, Marble
Fireplace false
Appliance Convection Oven, Cooktop, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
Laundry None
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Public
Waterfront false
Roof Type Metal
Porch Front Porch
Garage false
Private Pool No
Building
Lot Description Corner Lot
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Find out why customers are choosing LPT Realty to meet their real estate needs