Investor's Dream! Multi-Family Property with 3 Homes on 3. 5 Acres Seize this incredible opportunity to own a multi-family property featuring three distinct homes, totaling 7 bedrooms and 3 bathrooms, set on a serene 3. 5-acre lot complete with a private stream and picturesque rock wall. Perfect for investors or those seeking multi-generational living, each unit has been recently restored and features separate utilities, ensuring both convenience and privacy. Property highlights include a complete restoration: All three homes have updated with new electrical systems, new hot water heaters, newer roof, and stainless steel appliances, offering modern comforts in a peaceful country setting. Unit 1: A spacious 4-Bedroom home featuring 3 bedrooms on the main level, a large kitchen, and an expansive living room with a cozy wood-burning fireplace. The basement is partially finished with a separate entrance, providing additional living space or storage. The upgrades include new flooring, fresh paint, and stainless steel appliances to make this home move-in ready. The parking includes a carport to accommodate two vehicles. Unit 2: A charming 1 Bedroom 1 bathroom retreat with high ceilings and a quaint front porch to create a cozy and inviting atmosphere. This is perfect for downsizes or as an income generating rental. Unit 3: A serene 2-Bedroom 1 bathroom home that backs up to a tranquil stream, offering picturesque views and abundant natural light. The living space is ideal for nature lovers looking for a peaceful retreat. Additional property features include two driveways that provide easy access to the property and ample parking for residents and guests. It's versatile use can allow you to live in one unit and rent out the others, or maximize your investment potential by renting all three homes. This unique estate is a rare find, offering peace, privacy, and potential all in one. Don't miss your chance to invest in this beautifully restored property schedule a viewing today!
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Frank.Kolb@raveis.com
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 | $468,000 | $468,000 | $468,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $774 | $774 | $774 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,114 | $3,074 | $3,947 |
Total Monthly Payment | $3,980 | $3,940 | $4,813 |
* 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.