Presented byMikhail Faifman Team |
FIVE UNITS!!! This stately 5-unit investment property is a dream come true for investors. With its impressive brick and granite exterior, the building exudes timeless elegance and curb appeal. Currently generating solid income, this property presents a golden opportunity to substantially increase your wealth. Boasting over 8, 000 square feet of space, with potential of adding a 6th unit, further boosting your rental income and maximizing returns. All units have central air conditioning, high ceilings, and their own private entrances. Each unit has a full set of appliances, including stove, fridge, dishwasher, microwave, and washer/dryer. Alternatively, for those with a vision for condo conversions, this property holds immense possibilities. This property is conveniently located close to the MA border and nearby highway access to Route 146 and interstate 295. Don't miss out on this exceptional investment opportunity!
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
Broker Associate
William Raveis Real Estate
Phone: 646.455.7997
Mikhail.Faifman@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.851% | 6.664% |
Monthly Tax Payment | $1,307 | $1,307 | $1,307 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,590 | $5,967 | $8,014 |
Total Monthly Payment | $7,022 | $7,399 | $9,446 |
* 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.