RENT ESTIMATE AND RENOVATION LIST AVAILABLE!Welcome to 1608 Springfield Road in Boiling Springs, South Carolina! This 2, 108 square foot brick duplex offers a prime location off Asheville Highway 176, with easy access to Highways 26 and 85. Grocery stores and schools are conveniently located less than a mile away, making this an ideal spot for homeowners and renters alike. The property is perfect for someone looking to live in one unit rent out the other or as a lucrative investment opportunity. Situated at the back end of the property, the duplex features a generously sized front yard. Each unit has its own driveway at opposite ends of the property, allowing for convenient parking right by the backdoor—perfect for unloading groceries straight into the kitchen. Inside, each unit boasts: •Two spacious bedrooms •One large, full bathroom with all-new fixtures, countertops, a tub-shower combo, and linen closets •A roomy living room •A large kitchen equipped with new appliances and a cozy breakfast area. And, with Sherman College of Chiropractic just 0. 5 miles away, this location is ideal for students, faculty, and staff. Recent updates include: •New roof •Fresh paint •Updated flooring •Many more renovations! Each unit has 2bedrooms and 1 bathroom, offering a comfortable living space.
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$275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $267 | $267 | $267 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,464 | $1,462 | $1,886 |
Total Monthly Payment | $1,806 | $1,804 | $2,228 |
* 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.