Opportunity knocks with this exceptional two-family investment turnkey multifamily home with expansion potential! The lot size can accommodate an additional dwelling, presenting a fantastic investment opportunity. Located in a highly sought-after area with convenient access to the Glenbrook train station, local restaurants, and shopping centers, this home is a commuter's dream. Lovingly maintained by the original owner and passed down to the next generation, it has always received the utmost care. The first floor features three spacious bedrooms with hardwood floors, two full bathrooms, a fully equipped eat-in kitchen, and a living room. It also includes access to the basement, which boasts a family room, one bedroom with closets, a kitchenette, a washer/dryer hookup, and one full bath. The heating system has been updated for maximum efficiency. The second floor provides ample living space with an eat-in kitchen, one bedroom, one bathroom, hardwood floors, and a washer/dryer unit. There is also access to the attic. At the back of the property is a well-maintained deck. A set of Bilco doors provides exterior access to the basement, which houses oil tanks, a furnace, and a workshop. The property includes ample parking and the potential for additional units. Buyers must verify all facts regarding additional dwellings. SOLD AS IS Low-maintenance exterior with vinyl siding. Two ways to access the basement are from the 1st floor and outside Bilco doors-spacious parking area with the potential to add additional parking in front of the house if needed. Tenants have been in place for a while, but rents are not up to date and are expected an increase.
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William Raveis Real Estate
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Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $695,200 | $695,200 | $695,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $882 | $882 | $882 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,893 | $4,224 | $5,727 |
Total Monthly Payment | $4,867 | $5,198 | $6,701 |
* 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.