Presented byThe Residential Group |
Investors, your opportunity to buy a BIG BUILDING that is producing BIG INCOME! Located in Central JP, close to shopping, restaurants and the Orange Line T, this 2012 new renovation 3 family boasts 12 BEDROOMS, 4 FULL BATHS and 3 HALF BATHS, along with parking and a rear yard for the tenants enjoyment. Each unit has new systems, central HVAC with air conditioning, tile baths, open floorplan kitchen's with stainless appliances and granite counters, crown molding, in unit laundry and the list goes on and on. All units are on fixed term leases to 8/31/2025. Turn key offering. Nothing to do but collect rents. Perfect for 1031 exchange. Call today for a private showing. Pro-Forma upon request.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,195,000
REALTORS
William Raveis Real Estate
Phone: 617.426.8333
TheResidentialGroup@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,756,000 | $1,756,000 | $1,756,000 |
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 | $1,611 | $1,611 | $1,611 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,970 | $10,955 | $14,700 |
Total Monthly Payment | $11,706 | $12,691 | $16,436 |
* 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.