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You can own this massive T-shaped brick house for the price of a mobile home.
Formerly a commercial property, it has been fully converted and upgraded for residential use. The property taxes, electricity, and trash fees are all currently classified as residential.
This is a large T-shaped brick home that can be divided into two completely separate spaces.
The rear part includes 3 bedrooms, 2 bathrooms, a living room, a kitchen, and a hallway sitting area—making it very comfortable for everyday living.
The front part features a huge open hall located on a corner lot at a busy intersection. It’s ideal for a gym, entertainment space, business use, wholesale operations, or other commercial purposes.
This property offers flexibility and opportunity. You can live in one part and rent out the other to help pay the mortgage, or use it to support and grow your business. Because it can function as two independent spaces, it has strong investment potential.
The home includes newly installed window A/C units, an energy-efficient water heater, freshly painted walls, and an upgraded electrical panel. The water pump is NOT working, which need the buyer to repair after closing.
This T-shaped brick building was constructed through the dedicated efforts of previous owners and effected in 1993. The interior partition walls in the rear part are solid brick, making the structure especially strong and durable.
This is a hidden gem—an unpolished diamond with incredible potential. With the right vision, it can truly shine.
Sold as-is. Buyers are encouraged to conduct their own inspections. Agents are welcome to bring qualified buyers for showings. If there is a need for commercial use, the buyer may apply to have the property rezoned back to commercial after purchase.
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Our Executive Mortgage Banker:
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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 | $159,968 | $159,968 | $159,968 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $225 | $225 | $225 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $959 | $998 | $1,318 |
| Total Monthly Payment | $1,259 | $1,298 | $1,618 |
* 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.