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Presented by
Lisa Sweeney & Team - Lisa Sweeney |
Exceptional Investment Opportunity. This solid, R6 ZONED six-unit building, featuring six one-bedroom apartments, delivers a strong 7% cap rate and reliable year-round income. All units are well-maintained and fully rented, making this a turnkey acquisition for investors seeking immediate cash flow. Convenient location, stable tenancy, and consistent performance make this property an ideal long-term hold. Property Overview -Well-maintained structure and systems -Turnkey, income-producing asset from day one Investment Highlights -Reliable Cash Flow: Fully rented with consistent year-round income. -Low Vacancy Risk: One-bedroom units remain in high demand, supporting strong occupancy stability. -Operational Efficiency: Straightforward management with predictable operating expenses. -Value Stability: Multifamily assets in this category historically provide long-term appreciation and income durability. -Location Advantages: Proximity to transportation, employment centers, and local amenities supports tenant retention and rent resilience.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.558.7606
Lisa.Sweeney@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $864 | $864 | $864 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,808 | $4,132 | $5,692 |
| Total Monthly Payment | $4,764 | $5,088 | $6,648 |
* 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.