This updated duplex is ready for its next buyer to begin their real estate portfolio. This duplex includes two renovated and immaculate living spaces: one side is a 2 bedroom, 1 bathroom and the other side is a 1 bedroom, 1 bathroom home with a current established renter. This makes this property income producing on day 1. Both sides of the duplex have their own indoor laundry rooms with brand new washers and dryers that are staying with the property, stainless steel appliances, updated cabinets and tile backsplash in the kitchens, and fully renovated bathrooms. This property is truly move-in-ready.
Have an investment property while you live on the 2 bedroom 1 bathroom side as your primary residence, or purchase the home as an investment and rent both sides.
This home has all new windows (2024), updated electric (2024), and also an updated metal roof (2023). The house carries a current termite bond which is transferable to the new owners. Call today for a showing.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,920 | $303,920 | $303,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $101 | $101 | $101 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,022 | $2,020 | $2,606 |
Total Monthly Payment | $2,198 | $2,196 | $2,782 |
* 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.