Discover the potential of this charming two-family home, perfectly situated in the heart of Putnam. This property features two distinct units, each offering comfortable living spaces ideal for owner occupied or an investment opportunity. The first-floor unit spans over 1, 000 square feet with 2 bedrooms, living room, dining room, kitchen, bath, and the added convenience of a separate laundry room. The bright and cheerful upper unit has been recently renovated and includes 2 bedrooms, living room, kitchen and 1 bath with laundry room hook-ups. Take advantage of this fantastic opportunity to own a multi-family property. Both units have separate utilites. Whether you are looking to live in one unit and rent the other, or seeking a solid investment, this property has it all. . . turnkey and move-in ready! Don't miss out-schedule you're appointment today!
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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 | $215,920 | $215,920 | $215,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $302 | $302 | $302 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,418 | $1,418 | $1,808 |
Total Monthly Payment | $1,795 | $1,795 | $2,185 |
* 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.