Welcome to 1009 Hudson Avenue! Whether you're an experienced investor or a first-time buyer looking to capitalize on Peekskill’s growing demand, this charming multi-family property is located in a highly sought-after residential neighborhood just steps from Depew Park, Woodside Elementary School AND downtown Peekskill. This spacious two-story home features multiple units, providing an excellent opportunity for rental income with significant value add potential. The main floor features a spacious living room, a bright kitchen with ample cabinetry, and a generously sized bedroom. The layout can be seamlessly adjusted to accommodate guests. The second floor offers two large bedrooms, a full bathroom, and an additional kitchen, making it ideal for multi-generational living or potential rental income. A charming all seasons porch at the back provides a relaxing outdoor retreat. Both the unfinished attic & basement present a wonderful opportunity to add value with over 800 sq. ft. of additional excluded area. The property will be Delivered vacant—perfect for immediate occupancy, renovations or leasing to tenants at market rates. Don't miss this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$469,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $883 | $883 | $883 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,496 | $2,528 | $3,217 |
Total Monthly Payment | $3,454 | $3,486 | $4,175 |
* 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.