Charming 3 Unit Near Downtown – A Perfect Investment Opportunity! Welcome to your dream investment! This beautifully updated 3 Unit offers an incredible blend of rental income potential and owner-occupied comfort. Three Spacious Units: 2 with 3 bedrooms and 1 with 2 bedrooms. Each unit features expansive living areas filled with natural light, perfect for families or young professionals seeking space and style. Enjoy the luxury of in-unit washers and dryers in each apartment. Updated kitchens and bathrooms boast contemporary fixtures and finishes, ensuring your tenants will love calling this home. Situated near downtown, you’ll find yourself surrounded by trendy shops and delectable dining options. Enjoy the convenience of urban living while being close to parks and recreational areas. With many updates throughout, this triplex is move-in ready! No need to worry about costly renovations – simply enjoy the benefits of ownership from day one. This property is perfect for investors! With three separate units, you can maximize your rental income or live in one while renting out the others. The demand for rental properties in this area is high, ensuring a steady cash flow. Whether you're an astute investor looking to expand your portfolio or a savvy homeowner wanting to live in one unit while generating income from the others, this triplex is unparalleled in charm and opportunity. Don’t miss out on this rare gem! Showings will start Saturday 10/12 at the Open House from 11: 00-1: 00
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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** | 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 | $621 | $621 | $621 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $3,901 | $3,898 | $4,822 |
* 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.