Welcome to 24-26 2nd St. ! Just a 1-minute walk from vibrant Downtown Dover, this 2-unit multifamily property is an ideal investment for your portfolio or a perfect owner-occupied opportunity! Each unit features its own driveway, plus plenty of street parking available. Unit 24 is expansive, offering five bedrooms, a spacious kitchen, a large living room, and office space. Recently repainted, this unit is flooded with natural light and filled with timeless charm, including exposed beams in the kitchen and stained-glass details. Unit 26 features 3 bedrooms and a dedicated laundry room. Both units have direct access to a backyard for outdoor enjoyment. See document section for floor plans of each unit. Open houses Friday 10/4 from 4-6pm and Saturday 10/5 from 2-4pm.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.297% | 5.530% |
Monthly Tax Payment | $674 | $674 | $674 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,029 | $2,912 | $3,852 |
Total Monthly Payment | $3,795 | $3,678 | $4,618 |
* 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.