Charming Multifamily Duplex on the Outskirts of Plymouth! Discover the perfect blend of comfort & investment potential w/ this impressive duplex featuring two spacious 3-BR units, ideally situated just outside of town. Unit 1 has some modern upgrades, including a new kitchen w/ Style Stone countertops, all appliances included, an oversized sink & stylish finishes. Enjoy year-round comfort w/ mini splits for cooling/heating and forced hot water heating for those cold nights. The open concept dining & living room create a bright & airy space that is great for entertaining. Convenience is key w/ a full bath and laundry room on the main floor, along w/ one bedroom. Upstairs, you will find two generous bedrooms & a handy storage closet. Unit 2 mirrors this inviting layout, offering the same spacious design. It features reliable forced hot water heating powered by propane, ensuring comfort throughout the seasons. Both units provide access to beautiful front lawns & out back you can hike through the woods on just over 2 acres of land. There is an outdoor shed for storage, a newly installed 6-BR septic system & there is a drilled well. Additionally, you can save on utility bills w/ 9 solar PV panels installed on the roof, adding an energy-efficient touch to your new home. Do not miss this incredible opportunity to own a multifamily property-whether you are looking to invest or create a home on one side & keep the tenants on the other to help pay the mortgage, this duplex has it all.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
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% | 6.802% | 5.990% |
Monthly Tax Payment | $826 | $826 | $826 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,589 | $2,556 | $3,315 |
Total Monthly Payment | $3,490 | $3,457 | $4,216 |
* 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.