A unique investment opportunity awaits . . . owned by the VA for a long time, this 2 unit Multi-family is ready to be turned over to a new owner and offers so much potential on a quiet side street amongst tree lined sidewalks with a charming covered wrap around front porch. With approx. 3, 000 sq ft, you will find plenty of space! The first unit features a stunning, living room with coffered ceilings, and beautiful wood work. There is a half bathroom, eat in kitchen, and 5th bedroom OR office OR formal dining room. The 2nd floor features 4 bedrooms and a full bathroom. The 2nd unit is accessed from the rear and up the stairs, with 3 bedrooms, 1 full bathroom and a living room. ** multiple offers ** owned by the VA, as a veterans home, since as far back and I can date, therefore the "owner" or person authorized to sell, has no knowledge of the property. It is being sold as is. There is one furnace for the building. CURRENTLY TAX EXEMPT, SO BUYER NEEDS TO CALL FOR TAXES- I just got a call back , was told $9, 795 for this year. but they are in process of a re val Whatever furniture is there, may convey/stay with the sale!
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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 | $352,000 | $352,000 | $352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $816 | $816 | $816 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,401 | $2,340 | $3,018 |
Total Monthly Payment | $3,292 | $3,231 | $3,909 |
* 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.