Welcome to this exceptional multi-family building in the charming town of Liberty, NY. This well-maintained property features 7 well kept units that offer a fantastic income opportunity for investors. Nestled on a spacious lot, you'll find a 50x60' vegetable garden and beautiful flower gardens, perfect for those with a green thumb. The expansive parking lot accommodates up to 25 vehicles, ensuring convenience for both tenants and guests. Inside, tenants will appreciate the shared laundry room in the basement and the added bonus of a walk-out basement, which also houses a delightful wine cellar for those who enjoy fine vintages. The building boasts durable stucco exterior and a roof that is only five years old, providing peace of mind for years to come. With reliable, long-term tenants already in place, this property is a solid investment opportunity that promises both stability and growth in the heart of Liberty. Don't miss your chance to own a piece of this thriving community! BuildingAreaSource: Public Records, ConstructionDescription: Stucco, FireplaceFeatures: Living Room, InteriorFeatures: Natural Woodwork, Open Floorplan, Storage, LaundryFeatures: In Basement, In Hall, LotFeatures: Garden, Landscaped, PropertySubType: Quadruplex,
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $1,222 | $1,222 | $1,222 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,048 | $6,650 | $8,968 |
Total Monthly Payment | $7,395 | $7,997 | $10,315 |
* 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.