Presented byTiffany Sousa |
Exciting opportunity to acquire this fully operational two-family property. The potential is limitless. You have the choice to live in one unit while renting out the other or take advantage of an outstanding investment opportunity. Both units have a strong rental track record, and the first floor is currently available. Conveniently situated near all amenities, within walking distance or a short drive to top local eateries, Brickyard Pond, and the East Bay bike path. This multi-family home offers two bedrooms in each unit, with the possibility of converting to three. The property has been renovated with contemporary finishes throughout, providing ample basement storage, a partially finished area for an additional office or workout space, a garage, off-street parking, and a private backyard. Located in a highly respected school district renowned for its award-winning schools.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$574,000
Sales Associate
William Raveis Real Estate
Phone: 401.286.6159
Tiffany.Sousa@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 | $459,200 | $459,200 | $459,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $565 | $565 | $565 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,790 | $2,790 | $3,629 |
Total Monthly Payment | $3,447 | $3,447 | $4,286 |
* 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.