Welcome to the epitome of investment potential! This expansive single-family home not only offers 4 bedrooms and 3 full bathrooms spread over 2, 862 sq ft, but also includes two additional duplexes, yielding a total of 4 units ripe for rental income. All buildings on property are to be sold together. The first duplex (1120 & 1120 ½) features 2 bedrooms and 1 bathroom per unit, while the second duplex (1124 & 1124 ½) offers a mix of 2 bedrooms, 2 bathrooms, and 1 bedroom, 1 bathroom respectively. Perfectly situated near shopping, a recreation and aquatic complex boasting indoor basketball courts, fitness center, seasonal pool, and lush public parks, this property is a haven for both homeowners and tenants alike. With a half acre of land and total living space of 5, 470 sq ft across all units, sitting at the end of a cul-de-sac plus ample parking to accommodate tenants, it's time to seize this golden opportunity today! 2 of the units are occupied so please do not disturb tenants. Sold As-Is, Homeowner requests listing agent present at all showings; 24 hour notice required.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
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 | $2,399,999 | $2,399,999 | $2,399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $213 | $213 | $213 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,372 | $15,967 | $21,405 |
Total Monthly Payment | $16,710 | $16,305 | $21,743 |
* 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.