Prime location and updates galore! This turnkey 2-family home is an attractive location near Holy Cross College, 290, Polar Park, and Shrewsbury St- an ideal balance of vibrant city living & a peaceful retreat to call home. Recent upgrades include a newer boiler and hot water heater (under 2 years old) and a main line water pipe (under 3 years old). The 1st floor is vacant and offers immediate rental potential or convenience for owner- occupants to move-in. Ductless mini-split system in Unit 2 provides year round comfort. Unit 2 comes furnished with select seller-owned items, including a couch, TV, two TV stands, a kitchen table with chairs, a queen-sized bed frame, and a circular mirror—an added convenience for future renters. The fenced backyard is perfect for outdoor enjoyment, and off-street parking adds to the convenience. An amazing opportunity for investors, owner-occupants, or generational living while maintaining privacy. This property is a MUST SEE!
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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 | $439,920 | $439,920 | $439,920 |
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 | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $408 | $408 | $408 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,890 | $2,890 | $3,683 |
Total Monthly Payment | $3,390 | $3,390 | $4,183 |
* 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.