$3, 000. 00 Sellers Concession to Buyer at time of Closing. This is a Great Investment opportunity , it's like buying $money. This 3 unit in down town Bellows Falls grosses over 40. 800K annually. The multi family has 3 apartments , 1st floor has 2+ bedrooms , washer dryer hook up, 2 porches and a walk in pantry. The 2nd floor is copy of the 1st floor, but has a unheated storage room. The 2 porches on the 2nd floor overlooking the neighborhood. The 3rd floor has a eat-kitchen and has 2 bedrooms, and a family room. The utilities are all separately metered. Close by to the Theater , Fine dining, Entertainment, Hospital , Schools & Shopping. Located close to Amtrak train & bus station on the Connecticut River. This property is also available to be purchased as a package with 1 additional multi unit see MLS# 4981274 close to route 91
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William Raveis Mortgage, LLC
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Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $206,400 | $206,400 | $206,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,408 | $1,372 | $1,742 |
Total Monthly Payment | $1,483 | $1,447 | $1,817 |
* 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.