Charming 2-Family Home in a Quiet Residential Neighborhood - Ideal for Investors or Owner-Occupants! Discover the potential of this well-maintained 2-family home on over a 1/4-acre lot, offering fantastic income opportunities in a peaceful setting. Both units are ready for occupants and move-in ready, perfect for generating immediate rental income or creating a multi-generational living space. Property Features: * First Floor: 1, 208 sq. ft. with original hardwood floors, 2 spacious bedrooms and a potential third sleeping space. Ideal for families or those seeking extra room! * Second Floor: 935 sq. ft. with 2 bedrooms, perfectly sized for comfortable living. * Utilities: Brand new hot water heaters for each unit, first floor with oil heating, and second floor with gas heat. * Convenience: Washer/dryer hookups available in each unit for added tenant appeal. * Exterior: Vinyl siding, large fenced-in yard providing privacy and a safe pet/play area, plus a detached 2-car garage for secure parking and additional storage. This property is an excellent investment opportunity or a chance to live in one unit while renting out the other. Act quickly to secure this prime property in a sought-after neighborhood!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $541 | $541 | $541 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,910 | $1,861 | $2,361 |
Total Monthly Payment | $2,526 | $2,477 | $2,977 |
* 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.