2-Family Duplex in Walden: Ideal Investment Opportunity! Welcome to Wait Street, where this updated 2-family home awaits savvy investors and those seeking a comfortable living arrangement. With numerous updates and thoughtful features, this property promises both financial gains and a cozy lifestyle. The current owners have poured love and care into this duplex. From the white picket fence to the covered front porch. Enjoy energy efficiency and reduced utility costs thanks to the solar panels (owned) installed on the roof. The kitchen appliances are young and efficient, ensuring convenience. Peace of mind comes standard with security systems installed on both sides of the duplex. Inside, each side boasts its own large living room, perfect for relaxation and entertaining. Whip up delicious meals in the well-appointed kitchens, complete with ample space for dining. No need to share laundry facilities the private laundry rooms make chores a breeze. The bedroom configurations cater to different needs: Left Side: Two spacious bedrooms await, along with a 2020 updated bathroom by a reputable local contractor. Features include grab bars, a heater, and a new vanity. Right Side: Three bedrooms plus an office or walk-in closet provide flexibility for various living arrangements. Throughout both units, you'll find hardwood floors that add warmth and character. Imagine picnics, gardening, or playtime in the big backyard perfect for pets and outdoor gatherings. The current rents are well below market value, presenting an excellent opportunity for increased income. Tenants are scheduled to vacate by 7/1/24, or right side can stay, allowing for a smooth transition. This duplex offers versatility and potential. Don't miss out on this fabulous opportunity! Tenants pay all utilities, water, sewer trash together (quarterly), heat & electric, cable & internet.
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:
$329,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,920 | $263,920 | $263,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.789% | 7.133% | 6.256% |
Monthly Tax Payment | $633 | $633 | $633 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,734 | $1,754 | $2,226 |
Total Monthly Payment | $2,442 | $2,462 | $2,934 |
* 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.