Historic 1875 Eli Southward Building: This charming 3-unit attached duplex is ideal for owner-occupants or investors alike. Each unit features 1 bedroom and 1 bath, with leases running through 8/31/25. Unit 1 boasts a decorative fireplace and high ceilings, while Unit 2 includes a walk-in closet/office. Unit 3 is a bilevel space with newer hardwood floors and an exposed brick wall. All units access rear decks leading to a beautiful yard with a brick herringbone patio and formal garden. The property offers a walk-out basement with windows (previously living space) and sits on a parklike 2200+ SF lot, providing expansion opportunities. Recent updates include new front windows and paint (2019), roof (2014) basement concrete floor, and separate electric meters. Located just blocks from Airport Station for a 15 minute commute to City/Airport, and close to dining, parks, and grocery store. Great potential for condo conversion while preserving the character in the heart of Eagle Hill!
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William Raveis Mortgage, LLC
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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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $630 | $630 | $630 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,027 | $4,428 | $5,972 |
Total Monthly Payment | $4,749 | $5,150 | $6,694 |
* 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.