Under contract-accepting backup offers. Triplex in the most popular neighborhood in town! Laurel Park. These don't come along very often. An attachment with what he has rented for in past is attached to listing. All of the apartments come completely furnished with fully stocked kitchens, linens, plasma TVs and are perfectly ready to be rented on day ONE as weekly vacation rentals. Owner says he did not have one vacancy during season while he was renting it. This year he has them vacant in preparation to sell. The upstairs unit is rented until 11/30/24 at $2, 750 per month and will be ready for vacation rentals next year. This building has been completely renovated: Plumbing - even new drain lines to city hook up and all water lines and fittings throughout with a lifetime warranty by Plumbing Today. Triple hurricane windows - filled with Argon Gas. AC system under warranty including parts and labor. Hurricane rated doors, new roof last year with hurricane straps, Upgraded kitchens with granite counters. All kitchens have Stove, Refrigerator, Dishwasher, Washer, Dryer, Garbage disposal, Microwave, Coffee Maker, Dishes, Glassware, Cookware, Flatware, etc. All units have tile floors. There are 5 off-street parking spots. Come and see this amazing triplex in coveted Southside Elementary school district! This is one you do NOT want to miss. *OWNER FINANCING AVAILABLE*
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | $688 | $688 | $688 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,186 | $7,883 | $10,702 |
Total Monthly Payment | $8,999 | $8,696 | $11,515 |
* 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.