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This is a rare opportunity to own an amazing two family investment property, either as a traditional income producing property or as an owner occupied property. The first time on the market in over 70 years, this property sits on a great corner lot with private side yard. While located on a quiet side street in the city, it still offers a private deck for the upper unit as well as a shared deck for the first unit. The property has a ton of character with the mill work, hardwood floors, stained glass windows, pocket doors just to name. The kitchens and baths have also been updated and offer an update to meet modern living needs. The property presents a chance to collect rent while you live in one of the units to help pay off your mortgage. The property offers a great commuting location with access to major roads and public transportation, with access to many nearby amenities including Oak Square and Brighton Landing. This one is worth a look, come take a peek, it will not disappoint!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,325,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $1,060,000 | $1,060,000 | $1,060,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.996% | 5.806% |
| Monthly Tax Payment | $1,057 | $1,057 | $1,057 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,690 | $6,270 | $8,732 |
| Total Monthly Payment | $6,872 | $7,452 | $9,914 |
* 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.