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Back on market and ready for you! Buyer could not preform Exceptional opportunity to own a fully updated three-family home in the heart of downtown, ideal for investors or owner-occupants seeking income with urban convenience. Each unit has been thoughtfully renovated while preserving original character, offering the perfect blend of historic charm and modern living. The property features a 1 bedroom unit on the first floor, a spacious 2 bedroom unit on the second floor, and a 1 bedroom unit on the third floor. All apartments are fully updated and currently rented, showcasing modern kitchens and bathrooms, hardwood floors throughout, and original architectural details that add warmth and character. A grand interior front staircase and wraparound porch enhance the building's curb appeal, while vinyl siding provides low-maintenance ownership. Each unit offers the rare convenience of both front and rear entrances, along with fire-escape back stairs for added functionality. Additional highlights include ample off-street parking and separately metered utilities, with tenants paying their own gas heat and electric, making this a smart, efficient investment. Centrally located near downtown amenities, dining, shopping, transportation, and nightlife, this property offers strong rental appeal and lifestyle flexibility. A turnkey multifamily with income in place-perfect for an investor or an owner-occupant looking to live downtown while offsetting expenses with rental incom
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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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 | $756,000 | $756,000 | $756,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.164% |
| Monthly Tax Payment | $822 | $822 | $822 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,292 | $4,594 | $6,380 |
| Total Monthly Payment | $5,206 | $5,508 | $7,294 |
* 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.