Beautiful distant mountain views, open and wooded land, and a rural setting make this a unique and special property which has potential for at least 4 residential units and whatever you desire for the large barn/ warehouse/ garage. A perfect mixed-use blend, this country property offers incredible opportunity! Zoning is AC, Agricultural Conservation, with many allowed uses (zoning in docs). Included in this offering on 18+ acres is a 3 BR (2132 SF) split-level home, 3 BR (1082 SF) renovated mobile (rented), 5 acre vacant parcel with a drilled well and a large garage/ warehouse/ barn which will work for many possible uses. Operating as an automotive repair shop with 4 licenses (inspection available for purchase) the garage/ shop is commercial use. It is a fully insulated 7440 SF building with 6 bays, 4 lifts, 2 offices, second story, 2 half baths, huge space harboring the wood furnace (heats house and shop), and covered storage for wood. The building could store at least 20 cars! A separate entrance for the second floor, which is 3 rooms and a half bath, makes sense for an apartment. Currently 3 parcels, but lot improvement plans will make it 2. Convenient location to Livingston Manor, White Sulphur Springs, Liberty, Youngsville and more. See detail sheet in docs for more info. SF listed is the garage.
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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 | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $1,179 | $1,179 | $1,179 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,475 | $4,921 | $6,637 |
Total Monthly Payment | $5,746 | $6,192 | $7,908 |
* 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.