?? Property Alert! ?? Welcome to 351 Winsmith Ave, Spartanburg, SC 29306! This is not just a house, it's a diamond in the rough, a canvas ready for your creative touch. This charming abode boasts three spacious bedrooms, one full bathroom, and a half bath for your convenience. But wait, there's more! It also features a rec room, perfect for game nights, movie marathons, or your very own home gym. Now, let's talk location. Nestled in the heart of Spartanburg, you're just a hop, skip, and a jump away from the bustling downtown area. Craving a shopping spree? WestGate Mall is just a short drive away. Fancy a night out? The vibrant restaurant scene has got you covered. And for those who love the great outdoors, the nearby Cottonwood Trail and Hatcher Garden are perfect for a leisurely stroll or a brisk jog. This property is an 'as is' cash-only home, priced with the understanding that it needs a little TLC. But don't let that deter you! With a little elbow grease, this could be your dream home or the next star of your property portfolio. So, if you're ready to roll up your sleeves and dive into your next (or first) fix and flip project, 351 Winsmith Ave is calling your name. Don't miss out on this golden opportunity to create something truly special. Remember, Rome wasn't built in a day, and neither is a dream home. So, grab your tool belt, channel your inner DIY guru, and let's turn this house into a home!
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William Raveis Real Estate
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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 | $79,999 | $79,999 | $79,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $141 | $141 | $141 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $539 | $532 | $675 |
Total Monthly Payment | $755 | $748 | $891 |
* 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.