INVESTMENT OPPORTUNITY AWAITS; 2 SEPARATE BUILDINGS; BACK BUILDING HAS 3. ONE BEDROOM APARTMENTS. $1400 PER MONTH TOTALING $4200. TENANT PAYS ELECTRIC, LANDLORD PAYS HEAT, WATER, SEWER AND TRASH. SECOND BUILDING IN FRONT SUSTAINED FIRE DAMAGE. ORIGINALLY HAD 3. APARTMENTS CONSISTED OF 4 BEDROOM ON FIRST LEVEL, SECOND LEVEL 2 BEDROOMS AND STUDIO APARTMENT. ZONED MULTI FAMILY, PER CODE ENFORCER TO OBTAIN BUILDING PERMIT, A LETTER FROM LICENSED ENGINEER TO CONFIRM FOR STRUCTURAL INTEGRITY AND A
PARKING PLAN TO EXPAND TO FOUR. (2) BEDROOM APARTMENTS. SELLER MAY CONSIDER HOLDING MORTGAGE UNTIL RENOVATIONS ARE COMPLETE. APARTMENTS IN LIBERTY THAT ARE BEING RENOVATED ARE CHANGED TO ELECTRIC HEAT. NEW AND RENOVATED APARTMENTS RANGE FROM $2000 to $2400 PER MONTH.
Utilities
Cable Available, Electricity Connected
Lot Description:
Back Yard, Front Yard, Irregular Lot, Near School, Near Shops, Paved, Sloped
52 Lincoln Place, Liberty, NY, 12754
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
