Located in a mixed industrial park/residential neighborhood, this property offers endless potential for investors or entrepreneurs. The 2, 353 sq. ft. house has been rebuilt from the ground up and is ready for your finishing touches. With 3 bedrooms and 2 baths, the exterior is complete, while the interior still needs some work, including insulation, sheetrock, flooring, cabinet installation (cabinets included), countertops, appliances, bathrooms, and a heating system. The property features central air, a new roof, and sturdy steel beams. Bonus Feature: A massive 3, 600 sq. ft. shop is also included, featuring a 600 sq. ft. second floor-ideal for a car enthusiast, painter, electrician, plumber, trucking business, or service shop. The shop boasts radiant floor heating, 18 ft. ceilings along the side walls, and a soaring 23. 5 ft. ceiling at the center. While some work is needed to complete the shop, all permits have been pulled. This unique property is zoned for both commercial and residential use, providing flexibility for a variety of ventures. Cash offers or seller financing options are available. Don't miss out on this one-of-a-kind opportunity! Being sold as is.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $730 | $730 | $730 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,673 | $2,673 | $3,477 |
Total Monthly Payment | $3,495 | $3,495 | $4,299 |
* 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.