Presented byLinda Black |
Investor Alert! Long term tenants are on permises under month to month lease agreements. Opportunities to set new leases and terms upon ownership. If you like large spaces, this side by side duplex is your new investment property! It has just under 2, 000 square feet per unit. 4, 000 square feet total living space! A total gut-out 10 years ago, everything was replaced! Both have updated modern bathrooms and open concept kitchens with hard surface floors for easy maintenance. New high efficiency natural gas heating furnace in unit 176 and new high efficiency water heater in unit 174. Both units have central air and huge primary bedrooms plus two more large bedrooms. The building has separate attic spaces and dry basement storage areas with newer washers/gas dryers for each unit. Big parking lot behind. Fenced in property. (Owner is a licensed RE agent)
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Sales Associate
William Raveis Real Estate
Phone: 860.306.3900
Linda.Black@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $459 | $459 | $459 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,187 | $2,156 | $2,845 |
Total Monthly Payment | $2,721 | $2,690 | $3,379 |
* 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.