Amazing opportunity for an investor or owner-occupant! This grand 3-family home is beaming with potential. It has a victorian charm with its wood floors and trim, high ceilings, and thoughtful built-ins and detailing throughout. The first two units are currently vacant and had started to go under renovation as seen in the photos. Price reflects work needed. The third unit which is occupied by the owner has completed renovations and features an eat-in kitchen, 2 bedrooms, a living room, and a private balcony! The basement is FULLY FINISHED with enough space for a cute sitting area or home office, workout room, storage, and more. Prime spot on a corner lot surrounded by fruit trees! Also great for commuters as it's close to public transportation and just minutes from the highway. Strong income potential once updates are fully complete! Cash offers or 203k preferred; will not qualify for FHA or Conventional. Offers to include AS-IS verbiage. Schedule your showing today, don't wait! **MULTIPLE OFFERS RECEIVED! HIGHEST & BEST OFFERS DUE BY 6PM THURSDAY 11/7. **
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $439,200 | $439,200 | $439,200 |
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 | $1,012 | $1,012 | $1,012 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,766 |
Total Monthly Payment | $4,026 | $4,023 | $4,870 |
* 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.