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Discover this exceptional two-family investment property, offering 6 to 7 bedrooms and 3 bathrooms across 2. 5 floors of living space. . With over 2400 sq ft of heated living area, this property is ideal for large families, multi-generational living, or rental income. Enjoy recent upgrades that include a new roof for long-lasting protection, a new gas boiler for efficient heating, and modern new flooring that enhances the aesthetic appeal. The entire property has been freshly painted, providing a clean, bright, and welcoming environment. Both the first and second floors are ready for you to lease, ready for your personal touch. Whether you choose to move in, rent out, or renovate, the possibilities are endless. Reliable gas heat ensures year-round comfort and cost savings. This property is a prime investment opportunity with significant potential for high rental income and long-term value appreciation. Additionally, two transferrable home warranty offers extra peace of mind, ensuring that your investment is protected. Don't miss out on this incredible opportunity. Properties like this are in high demand and won't last long. Make this multifamily investment property yours before it's gone! Property sold as is! Due to high interest, we are asking for all offers to be submitted by 6 pm Sunday 6/16/24
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.585.3916
Bobby.Kazarian@raveis.com
NMLS Mortgage Loan Originator ID 1875225
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.538% |
Monthly Tax Payment | $357 | $357 | $357 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,051 |
Total Monthly Payment | $2,023 | $2,022 | $2,483 |
* 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.