***** NEWLY RENOVATED ***** Welcome to this exceptional four-story two-family home, a rare gem offering both modern comfort and incredible investment potential. Perfect for large families, savvy investors, or those seeking additional rental income. This property has two separate units. Each unit has its own private entrance, ideal for multi-generational living or rental opportunities. Each unit was newly renovated with new stainless steel appliances, granite countertops, and new cabinetry. Both units feature updated bathrooms with modern fixtures and finishes. Whether you live in one unit and rent out the other or rent both units, this home offers a solid income opportunity with the potential for excellent returns. It is nestled in a sought-after neighborhood with easy access to public transportation, schools, parks, dining, shopping, and more. An attached two-car-garage with extra parking in front and off-street parking for multiple vehicles, creates an added convenience in this urban setting. Whether you're looking to invest, live in one unit while renting the other, or create a multi-generational family home, this four-story two-family offers a world of possibilities. Don't miss out on the chance to own this beautifully maintained property with incredible space and income potential!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $646 | $646 | $646 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,360 | $4,248 | $5,437 |
Total Monthly Payment | $5,098 | $4,986 | $6,175 |
* 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.