You can increase your income with this duplex, or you can live in one and rent out the other unit. Current rent is below market. It is not in the flood zone, so it does not require flood insurance. As you know Flood Insurance is getting expensive and is eating into your rental income. Property is on well water, and is attractive to tenant because they don't have water or sewer bill. A new drain field was installed in Feb 2024. Unit is freshly painted. Washer/dryer hookup. Both unit are currently rented.
Laundry Remarks:
Electric Dryer Hookup, Outside, Washer Hookup
Subdivision:
LAKEWOOD ACRES
Cooling:
Wall/Window Unit(s)
Utilities
Cable Available, Electricity Connected
Appliances:
Range, Range Hood, Refrigerator
10012 West ROAD, Hudson, FL, 34669
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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