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A True Diamond in the Rough. Sold in ''As-Is'' condition, this property is priced for the visionary buyer or investor. With some ''sweat equity, '' you can transform this expansive layout into a stunning and highly profitable asset. This is more than a home; it's a multifaceted investment in a fantastic Mt. Pleasant location. Perfect for the hands-on buyer looking to build equity or the investor seeking a property with built-in business income potential. The modular home 1200 sqft with 1200 sqft added brings total sqft to 2400sqft. The house is fully de-titled and being sold with the land. Welcome to a rare opportunity in the coveted Historic Hamlin communitya uniquely expanded 5-bedroom, 4-bathroom manufactured home on a sprawling, private lot of nearly half an acre. Sold in ''As-Is'' condition This property is a true blank canvas, offering immense square footage, versatile income potential, and the chance to create significant value with your own vision. 1200 sqft added. Massive Expanded Layout: Originally a 3-bedroom home, it has been thoughtfully expanded to include a total of 5 bedrooms and 4 full bathrooms, providing ample space for a large family, multi-generational living, or a strategic investment. Premier Homesite: Enjoy the privacy and space of one of the area's largest lots at approximately 0. 5 acres within a well-established neighborhood.
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Our Executive Mortgage Banker:
$350,000
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 |
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|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,590 | $1,677 | $2,269 |
| Total Monthly Payment | $1,665 | $1,752 | $2,344 |
* 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.