Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Price Reduced to $400, 000 – Firm
Now is the perfect time to seize the opportunity to own this exceptional duplex. Both units are currently leased at $1495 per month with new tenants! Immediate income! These units feature two meticulously designed 2-bedroom, 2-bath units built with longevity in mind. Constructed using concrete block and boasting a stucco exterior, these units are engineered to withstand the test of time. Inside, each unit showcases an open floor plan and generously sized kitchens accentuated by elegant maple cabinetry, granite countertops, and stainless-steel appliances, including a range, range hood, dishwasher, and refrigerator—all standard features enhancing the allure of these residences. For added convenience, each unit is equipped with washer and dryer connections, while granite countertops in the bathrooms add a touch of luxury. With knockdown ceilings and textured walls, sophistication permeates every corner of these units. This property, only 2 years old, offers immediate ownership without the wait for new development. Professionally managed by a reputable property management company, this duplex offers investors a hassle-free opportunity. Rest assured that your investment is in capable hands, with dedicated management ensuring smooth operations and tenant satisfaction. Both units are currently vacant to facilitate the selling process, giving you the freedom to choose your preferred property management company. Please contact us to discuss further details. Note: The exterior photos are of the actual property. Most of the photos provided are of a similar unit with identical features. Some images may have been digitally staged to showcase the property's potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $563 | $563 | $563 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,127 | $2,699 |
Total Monthly Payment | $2,821 | $2,765 | $3,337 |
* 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.