Income-producing multi-unit with 3 two bedroom apartments, great for owner-occupied, with plenty of parking and a two-car heated garage. The double lot is fully fenced and is perfect for adding a pool, garden, or other outdoor activities. Recent upgrades include a new roof, electrical panels, and tankless water heaters. Each unit feels like a home with high ceilings, hardwood floors, upgraded kitchens, and baths. The first floor has private entrances for both the front and back doors. It also has a bonus room off the kitchen and an office area off the dining room. The FHW gas furnace is 4 years old. The bow front living room lets in plenty of sunlight. This home is loaded with original features, including a built-in cabinet in the dining room. The second floor has a washer/dryer in the apartment, an open porch, and an enclosed 3-season porch with views. The third floor also has an open porch and a larger enclosed 3-season porch with incredible views overlooking the city and skyline. This home has been very well maintained by the same owner for over 30 years. Showings begin at the Open House on February 1st, 10-12
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $640,000 | $640,000 | $640,000 |
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 | 7.204% | 7.159% | 6.256% |
Monthly Tax Payment | $625 | $625 | $625 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,204 | $4,254 | $5,397 |
Total Monthly Payment | $4,921 | $4,971 | $6,114 |
* 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.