Investment Property! Check out this 3-unit building located minutes from Main Street, Snowmachine Trail & ATV Jericho Mountain. The first-floor unit was owner occupied and has many upgrades, second & third floor units could use a little TLC, but building has potential to be fully occupied. Each unit have a spacious front porch & a partial second means of egress in the rear of the building, first floor has a nice outside deck to enjoy your morning coffee or evening barbecue. The heating system appears to be fully zoned for individual thermostats per unit along with a hot water holding tank upon demand. The building has adequate parking and a two-car garage. It appears that the basement was being remodeled for additional living space. Lots of possibilities to consider.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $135,920 | $135,920 | $135,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $310 | $310 | $310 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $904 | $893 | $1,146 |
Total Monthly Payment | $1,289 | $1,278 | $1,531 |
* 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.