This home is being sold *as-is* and presents a unique opportunity for investors or buyers with a vision for revitalization. Previously used as a care facility for the elderly, it has been out of use for over 10 years and is now in a distressed condition. Please note, the seller has no intention of removing the contents inside the home, and limited interior photos are available. While this property will not qualify for FHA, VA, or USDA financing, the possibilities for transformation are vast. With the right renovations, this could be an ideal space for a variety of uses—whether it's a large single-family home, a group home, or another type of residential or commercial venture. The property sits on 4. 63 acres, but the seller intends to sell only 3. 63 acres with the home, providing ample space for development or expansion. If you're ready to take on a project and unlock the potential of this property, don't miss out on this one-of-a-kind opportunity! Home includes seven bedrooms, four full bathrooms, two kitchens, two covered porches and tons of potential! New roof 2024!
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:
$230,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $184,000 | $184,000 | $184,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $9 | $9 | $9 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,271 | $1,240 | $1,565 |
Total Monthly Payment | $1,355 | $1,324 | $1,649 |
* 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.