Purchase this multi-family house which has 3 apartments & additional 2 areas on ground level which could be used by owners or can be used as storage. Gross income is $125,000(call for breakdown). Multi-family home sitting on large 50x100 lot with development zoning opportunities. This home produces high income for one to live in one unit and rent out the others. Let rental income pay for the mortgage and other expenses. Some units have been updated and completely renovated. Home is in the best shape that it has been in decades. A smart buy!
Heating:
Natural Gas, Other, Baseboard
Parking:
Driveway, Other, On Street
Construction
Brick, Stucco
Lot Description:
Near Public Transit
Elementary School:
Call Listing Agent
Middle School:
Riverdale/Kingsbridge (Ms/Hs 141)
High School:
Riverdale/Kingsbridge (Ms/Hs 141)
204 W 260th Street, Bronx, NY, 10471
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
