Historic Brick Italianate designed by Architect Robert Warren for the famed Lippitt Family. This majestic building sits prominently on the corner of Hope and Angell Streets. It has 3 legal units of varying sizes. The first-floor unit is a 3, 600 SF townhouse style with the entrance off the parking court on Angell St. It has 5 bedrooms and 3. 5 baths with an open kitchen, living and dining area with laundry in the unit. The second floor 1, 800SF flat has two bedroom, 2. 5 baths, kitchen and dining area and a living room with a balcony plus laundry in the unit. The top floor flat has 3 bedrooms, study, 2 baths, a large living room and an eat-in kitchen. The laundry is in the study. On the first floor off Hope Street is a separate, private office that can serve a variety of uses. There is a parking court with space for 6 vehicles along with storage and space for rubbish. The building has updated heating and cooling in each unit and is fire code compliant. Rich with architectural details this is an ideal opportunity for an owner occupant who has a need for separate workspace. This prime College Hill location is an easy walk to the universities, private schools, shopping, restaurants and more. Downtown, the train and interstate are minutes away. The building is presently occupied requires notice to show. No exceptions please.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | $2,676 | $2,676 | $2,676 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,170 | $8,849 | $11,814 |
Total Monthly Payment | $10,971 | $11,650 | $14,615 |
* 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.