Attention Investors and Owner-Occupants! Here’s the perfect opportunity you’ve been waiting for. This professionally updated and meticulously maintained 4-family property is truly turn-key and ready to go. Located in a highly desirable area near the T station, close to schools, shopping, and major RTs, this property offers convenience and value. All separate utilities, Landlord meter, a full sprinkler system, newer fire alarm system. Newer heating and hot water units provide added efficiency. All four units boast modern amenities, including newer vinyl windows, forced hot air heating, central air conditioning, open floor plans, high ceilings, gleaming hardwood floors throughout, and spacious bedrooms with ample closet space. Tenants will appreciate the coin-operated washer/dryer machines, while both second-floor units offer a unique bonus room for additional living space. Whether you're looking for a solid investment or a home with income potential, this property checks all the boxes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $1,320 | $1,320 | $1,320 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,720 | $7,291 | $9,885 |
Total Monthly Payment | $8,165 | $8,736 | $11,330 |
* 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.