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Located in a bustling, high-traffic area, this unique building offers a fantastic opportunity for both commercial and residential use. Featuring a well-maintained medical office on the first floor and 2 spacious residential units above, this property is perfect for savvy investors or business owners looking for multi-functional space. Medical office layout with a 20+ person reception room, 6 exam rooms each with a private sink, lunch area and a private drs office, with central air. Finished lower level offers a medical billing and file storage areas, Perfect for healthcare professional, therapist, Hair salon, or small business. The 2-bedroom apartments (0ver 1, 000 sq ft each) offer beautiful hardwoods, expansive double living room, large windows offering plenty of natural light. Fire-coated, off-street parking, high-visibility location with constant door and vehicle traffic. Potential for rental income or owner-occupancy. Don't miss out on this incredible property with the perfect blend of business and residential space in a prime location. Only 7 minutes to the hospital area. contact me today to schedule a viewing.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $715 | $715 | $715 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,678 | $3,678 | $4,687 |
Total Monthly Payment | $4,485 | $4,485 | $5,494 |
* 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.