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Property Description
Motivated seller! Rare income-producing opportunity in the heart of St. Petersburg: a recently completed 2024-built property featuring a main house plus two additional living units on one lot, with tenants in place in both the main house and the ADU. The main house offers 5 bedrooms, 3 bathrooms and 2, 294 sq ft of modern living space, including a bright and airy living room, a dining room perfect for entertaining, an inviting upstairs family room, and a kitchen equipped with a dishwasher, microwave, range, range hood, refrigerator and freezer. The upper-level ADU features 3 bedrooms, 2 full bathrooms and 909 sq ft, and the lower-level studio offers an additional 606 sq ft, plus a 1-car garage. A fenced yard adds privacy. Centrally located with convenient access to local shops, dining and entertainment, this property is ideal for investors or owner-occupants looking to offset their mortgage with rental income.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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