Welcome to an incredible opportunity in the heart of the city! Whether you're an astute investor or a savvy homeowner, this property is your ticket to financial success. Built in the early 90s, this versatile gem is bursting with potential and primed for a savvy buyer like you. This property boasts not one, but two generous floors, each offering 3 potential bedrooms and 1. 5 bathrooms. Imagine the possibilities for customization and income generation! With wall mounted furnaces, maintenance becomes a breeze. Say goodbye to the hassle of traditional heating systems and hello to energy efficiency. The oversized lot ensures plenty of off-street parking space for you and your tenants. No more circling the block in search of a spot – convenience is at your doorstep. Perfectly situated within walking distance to bus lines and grocery stores, this property combines the best of city living with everyday convenience. Your future tenants will love the accessibility. With a touch of tender loving care, this property will shine brighter than ever. Transform it into a profitable investment or your dream home – the choice is yours! Don't miss out on this golden opportunity! Whether you're a seasoned investor looking to expand your portfolio or a homeowner seeking extra income, this property is your canvas. Take action today and turn this hidden gem into your crown jewel.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $497 | $497 | $497 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,017 |
Total Monthly Payment | $2,163 | $2,162 | $2,589 |
* 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.