Welcome to this multi-family property located right on Main Street in Antrim. This three-unit building offers a great investment opportunity with one three-bedroom apartment, one one-bedroom apartment, and one studio apartment. The first floor has been recently renovated and is currently vacant as it was previously owner-occupied. This unit is perfect for an owner-occupant or could be rented out for additional income. The updates in this unit include new flooring, fresh paint, and updated fixtures, creating a modern and inviting space. The two other units are currently occupied by long-term tenants on month-to-month leases. Both units have been consistently rented out, making this property a reliable source of income. The location of this property is ideal, with shops and restaurants just steps away. Residents will enjoy the convenience of having everything they need within walking distance, from local markets, bakeries, restaurants, shops, and so much more. Investors will appreciate the low vacancy rates in Antrim and the strong rental demand in the area. Don't miss this opportunity to own a well-maintained multi-family property in a prime location. Whether you're looking for an investment opportunity or a place to call home, this property offers something for everyone. Schedule a showing today and see all that this property has to offer!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $279,920 | $279,920 | $279,920 |
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 | $350 | $350 | $350 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,701 | $1,701 | $2,212 |
Total Monthly Payment | $2,126 | $2,126 | $2,637 |
* 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.