A unique investment opportunity awaits . . . owned by the VA for a long time, this 3 unit Multi-family is ready to be turned over to a new owner and offers so much potential on a side street close to everything, yet offering privacy with a large parking lot offering plenty of parking. With approx. 4, 000 sq ft, you will find plenty of space! The left side unit (Labeled B) is handicap accessible, offering an eat in kitchen, living room, 3 bedrooms and a full bathroom. The middle unit, is on the 2nd floor, and has the same layout as unit B (an eat in kitchen, living room, 3 bedrooms and a full bathroom. ) The right unit is 2 levels, with a bonus room (extra bedroom, or sitting room), living room, eat in kitchen and half bathroom on level 1, with 3 bedrooms and a full bathroom on level 2. All the units share and have access to the common laundry room, which is in the enclosed porch in the back ** multiple offers ** owned by the VA, as a veterans home, since as far back and I can date, therefore the "owner" or person authorized to sell, has no knowledge of the property. It is being sold as is. There are 2 furnaces for the building from what the listing agent is aware. CURRENTLY TAX EXEMPT, SO BUYER NEEDS TO CALL FOR TAXES- I just got a call back , was told $10, 366 for this year. but they are in process of a re val. Whatever furniture is there, may convey/stay with the sale! ** as of evening, 10/10 - all offers were sent to VA/ board ** ** highest and best 12: 00 - 10/12 !!!!
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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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $864 | $864 | $864 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,373 |
Total Monthly Payment | $3,617 | $3,615 | $4,329 |
* 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.