Mixed-Use Property - Incredible Investment Opportunity! This fully remodeled property is a unique mixed-use layout with one commercial unit and two residential units, making it a great investment opportunity. Whether you're looking to achieve financial independence by running your own business or simply want a property that provides income potential, this space has it all. Features: Commercial Unit: Perfect for your business, featuring a half bathroom and an additional room in the back with a full bathroom and a flexible living space, ready to be customized to your needs. Central air ensures year-round comfort. Two Residential Units: Live in one unit and rent out the other for passive income, or rent both for an additional revenue stream. Separate Utilities: Each unit is independently metered, making it easy to manage expenses. Affordable Taxes & Convenient Parking: Ample parking in the back of the property for tenants or business clients. This property is flexibility and the potential to create the lifestyle you've been dreaming of. Schedule your private tour today and explore the possibilities!
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William Raveis Real Estate
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Contact@raveis.com
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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 | $478,400 | $478,400 | $478,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $738 | $738 | $738 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,223 | $3,180 | $4,034 |
Total Monthly Payment | $4,053 | $4,010 | $4,864 |
* 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.