Upscale duplex for sale with owner financing. Each duplex has 1400 sq feet under air, two fulls bathrooms on each side. Extra large bedrooms, over size AC systems, a well for lawn irriagation that is metered. Two 440 sq.foot double car gagages with or openers. Current rental income of $42000 with leases about to expire or renew, rental income will increase to $48000 +/year. Circlular drive way, large linai with green belted back yard. Close to nature, 15 minute drive to the Gulf of Mexico, to fish or kayaking. 3/4 hour drive to Tampa international airport. Hoa fees $12 per month. Easy area to mantain, rental area under high demand, vacancy rate is less than 1%. Our renters stay a long time. Average 5-9 years. Can be used for family, mom and dad on one side and family memebers on the other or just a great tax write offs and enjoy 8 % cap rate. Seller will only sell under the following conditions, $260000 down we will carry a $400000.00 note at 6.75% 25 year amortized rate with a 10 year ballon. Buyer must provide a updated credit report to seller, main all requirred insurance on the property and show buyer as mortgage holder. Mortgage payment will be $2763.65 plus taxes and insurance. Buyer must show proof of funds before showing. You are welcome to drive by the duplex, but under to circumstance are you allowed to contract tenants, you must set up an appoimtment with me. This is their home, respect that. Selling agent will recieive 1.5% of the sale priece. No listing fees. Buyers will pay for the mortgage papers work and filing fees. Please remember these are someone's homes. Do not tresspass and if you do not follow our rules, you will not be able to purchase this duplex.If you violate these requirements you will be elimiated an oppportunity to a consideration as a purchaser.
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