Newly Renovated Mix Use Commercial Property located steps from Town Center, Highways, Bruce Freeman walk/run/bike Trail, Baseball/Softball Fields and much more. This well maintained 4 unit property has been completely remodeled through out and consists of 2 commercial / 2 Residential units. The first floor currently a convenience store occupies the 2 units w/ access to the basement and an additional 2400 sq ft for storage or misc. The first floor space to be delivered vacant and offers over 2496 sq ft of retail or office space. The second floor consists of 2 residential units. The first unit, completely remodeled has two bedrooms, two baths, w/1150 sq ft and is fully applianced to include washer / dryer in the unit. The second unit, also fully remodeled and has two / three bedrooms, two baths w/ 1450 sq ft. Also fully applianced to include washer / dryer. The units are tastefully done with stainless appliances & granite counters. All 4 -units have separate utilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,279,920 | $1,279,920 | $1,279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,106 | $1,106 | $1,106 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,267 | $7,985 | $10,714 |
Total Monthly Payment | $8,498 | $9,216 | $11,945 |
* 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.