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Turnkey Duplex Investment – Strong Cash Flow in Prime Saint Cloud Location!
Seize this income-producing duplex in the heart of Saint Cloud, offering a desirable location, reliable tenants, and strong rental returns. With both units fully remodeled in 2022, this low-maintenance property is perfect for investors looking for steady cash flow and long-term appreciation.
Key Investment Highlights:
Turnkey & Recently Updated – Both 1-bed, 1-bath units feature modern kitchens with new cabinets, granite countertops, and a full set of appliances.
Durable Metal Roof – Installed in 2015, ensuring long-term reliability and reduced maintenance costs.
Shared Laundry Area – Convenient outdoor laundry room with washer/dryer hookups.
Strong Tenant Demand – Utilities are shared with a single meter, but paid by tenants to the owner optimizing operational efficiency.
Prime Location for Steady Appreciation –
• Nestled in historic downtown Saint Cloud, offering small-town charm with modern conveniences.
• Minutes from Saint Cloud Lakefront Park, featuring walking trails, a marina, a fishing pier, playgrounds, and picnic areas.
• Close to shopping, dining, and entertainment, with easy access to major highways, including the Florida Turnpike.
This DUPLEX presents an excellent opportunity for investors seeking strong cash flow, minimal upkeep, and a prime location.
Don’t miss out on this fantastic investment—schedule your showing today! Contact us for walkthrough videos!
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $341 | $341 | $341 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,622 | $1,708 | $2,177 |
Total Monthly Payment | $2,038 | $2,124 | $2,593 |
* 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.