**Multiple Offers Received. Highest and Best by 11/23/2024 9: 00am. Two Homes in One! Live on one side and rent the other, Multi Generational Home, Home Based Business, or Great Investment Property! This Block construction home contains an efficiency apartment, PLUS a huge three bedroom two bathroom home.
The main house has space for all your family and all of their activities. A formal living room, large kitchen, and a family room with access to the backyard are the main spaces, and each room is oversized. Laundry room in the family room is separate from the laundry room in the efficiency apartment. There is no carpet anywhere in the house, or apartment. Floors are all LVP or tile in the bathrooms. You will be blown away when you enter the primary bedroom. This room is large enough to be two bedrooms. Use the extra space for an office, sitting room, dressing room or just extra storage. The private ensuite bathroom includes a soaker tub, double vanity, and private toilet closet. What a great space the efficiency apartment is. You lack for nothing, with a large living space, walk in closet, full galley style kitchen, full bathroom, and a laundry room! Main entrance is on the side of the house, and there is a rear door leading to the separate private fenced in back yard as well. The Efficiency Apartment is the fourth bedroom even though it does not conform.
The large corner lot has a fully fenced back yard - including a wooden privacy fence, mature trees, a shed and the efficiency apartment has its own private yard as well. Don't worry about parking, there is an oversized extra wide driveway for everyone coming and going. Whether you want to add a door between the apartment and the main house for one large space to live, rent out the apartment for extra income, or divide up the large rooms to fit more tenants for an investment property, this house is ready for YOU!
Concrete Block homes are well known for being very sturdy and easy to maintain. This one was easy recently repainted inside and out. The HVAC unit is only one year old, the mini split - two years, and the hot water heaters are only three years old. Plumbing has been updated and the main sewer line replaced, and new electrical in the efficiency apartment. No hassles, no headaches!
Home is perfectly located, just a few turns from I-10, I-295, and I-95. Walking distance to shops and restaurants, and close to the local bus line. Perfect for a busy household all going in different directions. Call today to see this home for yourself!
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $176,000 | $176,000 | $176,000 |
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 | $190 | $190 | $190 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,171 | $1,170 | $1,509 |
Total Monthly Payment | $1,436 | $1,435 | $1,774 |
* 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.