$297,000

About this home

POTENTIAL ZERO MONEY OUT OF POCKET! Live In ONE House and SECOND HOUSE PAYS OFF MORTGAGE, TAXES AND INSURANCE!!!!! Highlights: - Buy These TWO New Houses on ONE Lot..NO MONEY DOWN ! - Approved USDA NO MONEY DOWN Rural Loan or a VA Loan!!!!! - - Buyer pays NO MONEY OUT OF POCKET to purchase these TWO NEW homes!! - Buyer gets $53,000 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 $53,000! **Purchase Details:** - Buy both houses for just $299,000 - ZERO down payment required! - $299,000 loan at a 5.7 present interest rate (30 year loan) - Monthly payments of approximately $1,735 (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 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.

Property details

MLS #

MFRO6273326

Property type

Single Family Residence

Subdivision

OAKLAND PARK OR A D GILLEYS

Status

Active

Days on market

23

On market date

January 20, 2025

Stories

N/A

Total bathrooms

3

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.18 acres