This deleaded three-family (see letters of compliance in document tab) has all separate utilities and is near downtown Pittsfield, Berkshire Medical Center, schools, restaurants, laundromats, gas stations, grocery stores and other Berkshire amenities . This property has one 3-bedroom and two 2-bedroom units. The building is fully equipped with public water & sewer, converted to energy efficient natural gas heating system in 2022 ensuring ease of management and cost-efficiency. Three newer heating units with one that is high efficiency unit, three separate electric meters, newer hot water heaters, roof 2012, with ample off-street parking in the back. Tenants pay for their own heat, hot water and electricity. There are washer /dryer hookups in each unit. All the three units have been renovated; recent updates to the property include updated kitchens and bathrooms, updated electric, updated and refinished floors, paint throughout. One apartment is currently empty.
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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 | $231,920 | $231,920 | $231,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $250 | $250 | $250 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,582 | $1,541 | $1,956 |
Total Monthly Payment | $1,907 | $1,866 | $2,281 |
* 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.