Unlock the Potential of This One-of-a-Kind Commercial Real Estate Opportunity! Nestled on an expansive 6. 03-acre lot, this property is brimming with possibilities for the savvy investor or entrepreneur. At its heart is a charming one-car garage with a cozy two-bedroom apartment above, offering versatile options for rental income, on-site living, or even an office space. What truly sets this property apart is its ready-to-build foundation, complete with state approval for a three-bedroom home. Whether you’re looking to expand, customize, or create something entirely new, this is your blank canvas to bring your vision to life. Adding to its appeal, the property features two driveways for added convenience and accessibility, plus a state-inspected septic system, ensuring seamless development and peace of mind. This is a turnkey dream for businesses in landscaping, construction, or other trades. The blend of residential and commercial potential makes it a rare gem, perfect for those ready to build, grow, and thrive. Don’t wait—this unique opportunity won’t last long. Schedule a viewing today and see how this property can work for you!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
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 | $102 | $102 | $102 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,942 | $3,988 | $5,060 |
Total Monthly Payment | $4,136 | $4,182 | $5,254 |
* 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.