**Investment Opportunity: Charming 4-Plex Near Historic Main St** Discover this Centrally located 4-Plex Apartment Building, just off the Historic District of Main Street, with amazing views of Mt. Beacon and a quick stroll to the picturesque Beacon Falls. This property offers more space than the typical Brick Foursquare and embodies old-world charm with modern convenience. **Property Highlights: ** **(Four) 1-Bedroom Units**: Cosmetic updates completed between Renters on most. **Ample Parking and Garages**: Included are three garage rentals and four or more off-street parking spots, accommodating residents and guests. **Outdoor Space**: Enjoy a large side yard and inviting front patio space, perfect for relaxation or outdoor activities. **Fully Rented**: All apartments are currently occupied, showcasing strong rental demand. **Viewing Requirements**: Due to tenant occupancy, showings require 48 hours' notice. Proof of funds is necessary prior to scheduling a viewing. This property presents an amazing investment opportunity with solid rental income and potential for future value appreciation. Don't miss your chance to own a piece of this vibrant community! For more information or to arrange a tour, please contact us today.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $1,048 | $1,048 | $1,048 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,488 |
Total Monthly Payment | $5,398 | $5,394 | $6,628 |
* 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.