Own a historical rare gem while investing in a unique income producing property the original Schwartz Brothers Mansion, a stunning colonial Tudor duplex home nestled in the charming south side of Poughkeepsie. This remarkable residence, built in the late 1800s, is featured on the Walkway Over the Hudson detailing classic architecture, historical charm yet modern convenience. This 2-family mother daughter mansion is 5 minuets from the Metro North station, Vassar Hospital and route 9 making it a perfect hub for exploring the beautiful Hudson Valley. This Corner Home Corner Stone of Historic Dwight Street Spanning over 6000 square feet, this impressive mansion boasts high ceilings and original beautiful hardwood floors that create an inviting atmosphere throughout. Expansive layout on each side has 3, 209sq ft of living space 3 bedrooms 2 bathrooms this home is designed for entertaining, featuring multiple entryways that lead to elegant formal dining rooms, classic Butler’s pantries, original pocket doors and spacious servant quarters complete with full bathrooms. Original century old chandeliers, add a touch of sophistication, while the original clawfoot tubs in the bathrooms evoke a sense of nostalgia and luxury. Enjoy peaceful days and comforting views of the surrounding landscape on multiple verandas and porches. This century old Duplex provides a serene retreat with room to grow or rent out both sides. This Prime corner lot income generating 2-family duplex is conveniently located 5 minuets from the Metro North station, Vassar Hospital and route 9 CIA making it a perfect hub for exploring the Hudson Valley's vibrant community activities. The Poughkeepsie Tennis Club is located across the street. This historic mansion offers multiple possibilities additional must see bonus rooms, many updates including stainless steel appliances, wine cellar in basement awaits restoration, curb cut approval for on-site parking, shared housing potential, 1031 exchange, owner and investor. "As Is" Sale. Additional Information: Amenities: Guest Quarters, Storage, Tennis, HeatingFuel: Oil Above Ground, AdjustedGOI: 24000,
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$699,000
William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $679 | $679 | $679 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,627 | $3,581 | $4,644 |
Total Monthly Payment | $4,398 | $4,352 | $5,415 |
* 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.