Three Family in Desirable Location with Excellent Maintenance and Updates. Investors Take Note, this is take-over ready! All Three Tenants are At-Will, with solid payment history, and would like to stay. New Combo Heat and Hot Water Heating Systems (2x) installed in 2018, New Showers & Tubs with Drain Line (3x) and Main Line Installed 2023, New Hot Water Heater (1x) 2023, New Garbage Disposal and Dishwasher (3x) in 2019. Washer and Dryer Hookup (3x) Available in Basement one for each unit. Location is ideally situated walking distance to high school, easy Access to Rt 1, and easy access to the up-and-coming commercial areas of Ferry and Elm St. Rent is solid as is, with ample room to increase. Each Unit is usable as 2 Bedrooms with eat-in kitchen and separate living room. All units are in good to great condition. Respectful and cooperative current tenants kindly request that prospective buyer accommodate with only showings during the open house hours. Buyer Concessions Welcomed!
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$999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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 | $799,200 | $799,200 | $799,200 |
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 | $740 | $740 | $740 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,475 | $4,921 | $6,637 |
Total Monthly Payment | $5,307 | $5,753 | $7,469 |
* 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.