Fausto Commercial is pleased to present 310 Oregon St, a newly renovated 4-unit multi-family property just steps from Hollywood Beach and the boardwalk. This prime fourplex offers 2 units with 1 bed/1 bath and 2 studio units, all featuring impact windows, a new roof and high-end appliances. With its prime location, you can turn it into a lucrative Airbnb vacation rental with high income potential of $200k gross annual revenue. The property is currently vacant as final renovations are being completed. This property also comes with the exciting option to develop up to 5 stories high. Partial seller financing available!
310 Oregon St, Hollywood, FL, 33019
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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