Back On Market! Excellent opportunity to own a building and your own business with well established dry cleaning & alteration services at a CORNER LOT on a highly traveled street! Gross income from dry cleaning business approx. $10, 000 monthly! Motivated and hardworking buyer can increase to much more with additional drop off and pick-up service, extended hours, and wash/fold service on the side. A small kitchen in the back. Next door retail unit included in the sale with its own bath and storage! That's an extra income of $650/month which is under the market value!! The sale also includes all the equipment and machinery as well as the supplies and parts in the basement. Extra Very Clean and organized basement of 1, 982 sqft with a high ceiling for storage! The next door retail store can be extended for an additional work space! Lots of potentials! Training will be provided! Seller is retiring! Business is picking up now with less restrictions. Schedule your showing today!!
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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 | $228,000 | $228,000 | $228,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $593 | $593 | $593 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,575 | $1,515 | $1,955 |
Total Monthly Payment | $2,243 | $2,183 | $2,623 |
* 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.