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ATTENTION INVESTORS!! This is a property that you do not want to miss. Welcome to this 4-unit townhouse styled multifamily residence offering 4 bedrooms and 2. 5 baths for EVERY unit!! VALUE ADD opportunity: This property once was an 8 unit giving you the possibility of converting it back into the 8 unit its supposed to be! All units have 3 levels consisting of a basement, main level, and second floor, providing a townhouse style apartment separating all units, and allowing tenants their own space with no common areas. With a NEW DRIVEWAY installed in 2022, this property comes with ample off-street parking with 8 parking spots with even more possible! With all utilities separated, you don't have to worry about paying tenants' bills and losing money during the cold winters or hot summers. With Evolution Property Management currently managing this property, you are able to have management in place for a worry free property from the start! Located where residents will enjoy convenient access to local amenities, public transportation, and a police station on the same street. Don't miss the opportunity to own this turn key property that blends style, function, and income potential. Schedule your private showing today and discover everything this property has to offer! BACK ON MARKET, DEAL FELL APART.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $519,920 | $519,920 | $519,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | $1,189 | $1,189 | $1,189 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,871 | $3,117 | $4,180 |
| Total Monthly Payment | $4,152 | $4,398 | $5,461 |
* 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.