I know the price seems LOW. It is LOW. The Seller chose to list lower than market value to ensure a quick sale. HIGHEST AND BEST DEADLINE IS Monday January 20th at 5PM. Located on over half an acre of land with high traffic visibility, this versatile property offers tremendous potential for both residential and commercial uses. The fully renovated three-bedroom ranch-style home is positioned at the front of the lot, providing a comfortable living space in a prime location. The standout feature of this property is the large, detached two-story garage behind the main home. Constructed with durable concrete block, the two-bay garage is ideal for a private workshop or storage space. The second floor of the garage boasts a partially finished area that can be customized to suit the new owner's needs—whether for additional living space, office use, or expanded commercial potential. With its prominent location on a busy road, this property is well-suited for conversion into a commercial space while still offering the flexibility to maintain the home as a single-family residence. The garage offers a wealth of opportunities for the owner to adapt it to their business or personal needs. Don’t miss out on the endless possibilities this mixed-use property offers. Whether you are seeking a private residence with ample workshop space or an ideal commercial location, this property delivers on both fronts. Delayed Showings. Open house Saturday the 18th 01/18/2025 from 10AM - 1PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $276,720 | $276,720 | $276,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $384 | $384 | $384 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,818 | $1,839 | $2,334 |
Total Monthly Payment | $2,277 | $2,298 | $2,793 |
* 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.