Perfect for investors or owner occupy. Meticulously maintained. 3 units. City gas, sewer & water. Separate electric & gas meters for tenants. Owner/Landlord is providing for water usage: Approx $275 Quarterly. (a bit less now with unoccupied unit). Newer combination furnace/on-demand hot water for each of 2 of the units-direct vent outside. Space heater for 3rd unit (2nd floor apartment), with electric in kitchen. 2nd floor unit Not occupied and has new carpeting. Hot water tank for 2nd Fl unit located under kitchen sink. Leases through 11/30/25. Town has 2296SF but there is approx 3200 including ground floor basement apartment, per owner. Prospects Should be verify. Town card attached - 3-family. Roof approx 20 years, per seller. Retaining wall at rear boundary of property may need attention in future, per seller. Does not have heat in every bedroom on 2nd floor. Town card says 6 BR. Property being sold "As-Is. " Inspections encouraged, of course, for informational purposes.
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $223,960 | $223,960 | $223,960 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $369 | $369 | $369 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,490 | $1,489 | $1,889 |
Total Monthly Payment | $1,934 | $1,933 | $2,333 |
* 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.