79 W Main Street, Port Jervis, NY, 12771 | $280,000
Property for Sale: 79 W Main Street, Port Jervis, New York 12771 Prime Multifamily Investment Opportunity! Located in Orange County, this 3-family property at 79 W Main Street offers a solid investment opportunity with potential for rental income in Port Jervis, New York. Ideal for anyone looking for a multifamily property in a charming small-town setting with outdoor recreation possibilities. Property Details: - Apartments: - 2 one-bedroom units - 1 two-bedroom unit - Features: - Full unfinished basement providing extra storage space or potential for future development - 3 boilers for efficient heating management - 3 water tanks - 4 electric meters for separate utility tracking - 3 gas meters - Location Highlights: - Port Jervis is a city in Orange County, New York - Situated at the confluence of the Delaware and Neversink rivers - Mix of small-town charm and outdoor recreational opportunities like fishing, hiking, and more Investment Highlights: - Generate rental income from three separate units catering to different tenant needs - Multifamily setup offers potential for a steady income stream - Opportunity to manage and optimize rental income in a multifamily property
Features
- Bedrooms: 4
- Baths: 3 full
- Style: Triplex
- Year Built: 1880
- Heating: Natural Gas, Radiant, Other
- Cooling: None
- Basement: Unfinished, Walk-Out Access
- Acreage: 0.12
- Est. Taxes: $6,209
- Lot Desc: Near Public Transit, Near School, Near Shops
- Middle School: Port Jervis Middle School
- High School: Port Jervis Senior High School
- School District: Port Jervis
- MLS#: 898709
- Days on Market: 173 days
- Website: https://www.raveis.com
/prop/898709/79wmainstreet_portjervis_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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79 W Main Street, Port Jervis, NY, 12771
$280,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $224,000 | $224,000 | $224,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.524% | 5.846% |
| Monthly Tax Payment | $517 | $517 | $517 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,325 | $1,397 | $1,845 |
| Total Monthly Payment | $1,917 | $1,989 | $2,437 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535