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609 Fair Street offers a plethora of amenities! This property currently houses a spacious 2-bedroom home, complete with a fully functional automotive garage in the back. The home boasts all gas appliances, including an instant water heater, stove, gas pack heat, and even a gas dryer. Spanning over 1290 square feet, the home features luxurious LVP flooring throughout. The kitchen has undergone a recent renovation, complete with granite countertops. The primary bedroom boasts a generous walk-in closet and a full bathroom equipped with a dual-head shower. Located in the thriving City of Anderson, this property presents an ideal opportunity for aspiring business owners. It could easily accommodate the current garage operation behind the home, providing a convenient space for automotive repairs and maintenance. Alternatively, it could serve as an attractive investment property, offering rental potential with both the home and the garage. The garage itself is a substantial 3000 square feet under roof, featuring a 14-foot tall roll-up door. Inside, there’s a dedicated bathroom, 210 square feet of office space, and 600 square feet of overhead storage. The building’s impressive height of 18 feet ensures ample room for two car lifts and even more if needed. One lift is rated to carry up to 9, 000 pounds, while the other can handle up to 12, 000 pounds. The shop is renowned in the area, having been in operation for years. It comes equipped with a used oil heater, air compressor, and two Brake lays, all of which will remain with the shop, subject to an acceptable offer.
| Type | Dimensions |
|---|---|
| Bedroom2 | 14x15 |
| Kitchen | 14x14 |
| LivingRoom | 14x15 |
| PrimaryBedroom | 15x17 |
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Our Executive Mortgage Banker:
$495,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,248 | $2,372 | $3,157 |
| Total Monthly Payment | $2,323 | $2,447 | $3,232 |
* 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.