Attention Investors Discover the potential of 1809 McGraw Ave a multi-family property with great income opportunities in the Bronx. This property includes one tenant in place, offering immediate rental income. Sold with open violations present totaling 300k+ (details available, please do your due diligence), this home is perfect for investors looking to add value. Spacious units, high ceilings, and natural light throughout, plus garage parking, and a driveway. Prime location close to transit, shopping, and schools. With some updates, this property has promising rental potential. BuildingAreaSource: Other,
1809 Mcgraw Avenue, New York, NY, 10472
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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