Great investment opportunity fully rented, and renovated units with new boilers, freshly painted, new roof , Beautiful new floors overall and more .Tenants are month by month, all separate utilities, low taxes. This is a money maker, apartment first floor tenant is paying $1420 but the tenant pays for all the utilities, and the tenant second floor is paying $1500 a month and landlord pays for water ; Monthly income $2920; Gross Income: $35.040.00; utilities per month: Trash $150, Water $160, Insurance: $900, Net Income $34,080 Additional Information please see Remarks. Close to shopping, schools, Restaurants, Highways, and low taxes .
Type:
Single-family residential
Heating:
Hot Water, Natural Gas, Other
Basement:
Full, Unfinished, Walk-Out Access
Utilities
Cable Available, Trash Collection Public
Lot Description:
Level, Near Public Transit, Near Shops
Middle School:
MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
High School:
Newburgh Free Academy
School District:
Newburgh
86 William Street, Newburgh, NY, 12550
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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