Fantastic opportunity to own a meticulously maintained 2-unit property, perfect for those looking to become a landlord or expand their investment portfolio. This updated property offers a seamless blend of timeless character and modern updates. Each unit is move-in ready, with recent improvements ensuring low-maintenance living. Ample parking is available on-site, making it convenient for tenants and guests. Located just minutes to major highways; between Boston and Providence; with the convenience of shopping, schools & downtown this property provides both comfort and accessibility. Roof approx. 10 years. Within the last 3 years, replaced windows, updated kitchens & baths, hw flooring, lighting, siding, fence with decorative lighting, & garage doors. Fully insulated. The unfinished outside was going to be stone. Plumbed to add 1/2 bath on 1st floor. Gas available. The walk up attic provides expansion possibilities to add 2 more rooms to 2nd floor unit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$644,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $515,920 | $515,920 | $515,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $507 | $507 | $507 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,519 | $3,429 | $4,351 |
Total Monthly Payment | $4,118 | $4,028 | $4,950 |
* 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.