An exceptional opportunity presents itself with this meticulously maintained 3-family home, boasting the distinction of being owned by the original owner and hitting the market for the first time. Situated in the vibrant Melrose neighborhood, this property exudes pride of ownership and offers a rare chance for discerning buyers. Conveniently located in this sought-after neighborhood, this property offers proximity to essential amenities, schools, and transportation options, ensuring a convenient and comfortable lifestyle for occupants. Experience all the great amenities as well as convenience this immaculate 3-Family home has to offer. As you make your way into the ground level unit, you'll be welcomed by an open and airy floor plan. Some updates include, newer ceramic tile flooring, updated kitchen with all new S/S appliances. There's two spacious bedrooms on this main level as well as a full bathroom. The owner's suite is located on the second floor which creates a private sanctuary. Additionally, there is a spacious bathroom that was updated in 2020, as well as large closets. This ground level unit has access to the massive unfinished basement ready to be filled with all your imagination can desire. The basement features 9ft ceilings, in addition to a walk-out exit leading up to your THREE car parking lot! Making your way up to unit 2, you'll come across a very well maintained studio apartment with a galley kitchen, large living/sleeping quarters, and a full bathroom with plenty of closet space. Unit 3 includes two bedrooms, 1 full bathroom, and a spacious eating/living area right off the updated kitchen. Moreover, this property boasts the invaluable advantage of a whole-house sprinkler system, enhancing safety and protection for residents and their belongings. Newer mechanicals include a whole house boiler system only 5years old. Some other key upgrades include, all exterior fire doors, oversized doorways, hardwired smoke detectors, and appliances replaced in 2023. Lastly, there is a sump pump for added peace of mind, ensuring a dry and secure environment, particularly during inclement weather, although it's never been used in the 23+ years of ownership. Don't miss this rare opportunity to own a meticulously maintained 3-family home with updated features and thoughtful additions, offering endless potential for both investors and owner-occupants alike. Schedule your private tour today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$998,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,120 | $799,120 | $799,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $621 | $621 | $621 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,600 | $4,985 | $6,798 |
Total Monthly Payment | $5,313 | $5,698 | $7,511 |
* 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.