Prime 3-Family Brick House in Corona – Excellent Investment Opportunity! Built in 2007, this solid 3-family brick property offers a rare combination of size, location, and income potential. The home spans three stories plus a finished basement, with a building size of 18' x 60'. Located in a high foot-traffic area, just a 1-minute walk to the 7 train subway station, this property is ideal for both investors and end-users. Fully rented with excellent, stable tenants. High monthly rental income. Low property taxes, with 10 years of tax abatement remaining. Owner can provide proof of rental income. Convenient access to transportation, shopping, dining, and all essential amenities. This is a rare opportunity in a highly desirable Corona location.
3741 98th Street, Corona, NY, 11368
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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