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Presented by
Vicky Welch - Vicky & Team |
Rare opportunity! Would be a major understatement in regards to this one. This two family holds the potential for a 3 family conversion, as the finished attic accommodates for an in-law addition to the second unit or again a third unit for extra income. From newer mechanicals ( Water Heaters ) with less than one year of placement to a roof with less than 4 years. This massive home stands at 3, 500 SqFt offering a lot of space for those who are looking for an owner occupant multi or for those looking to invest and achieve top dollar per rental unit. The home comes with a huge wrap around porch, an enclosed balcony, 2 beds in each unit with potential for 3 Beds. The property is just a couple of steps from public transportation (walk to bus lines). Last but not least the bathroom in the attic has just been completed as well. Book your showings Now! opportunities like this don't appear very often. Property to be sold as-is.
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$580,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.215.4990
Vicky.Welch@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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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 | $464,000 | $464,000 | $464,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.668% |
| Monthly Tax Payment | $646 | $646 | $646 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,745 | $2,857 | $3,761 |
| Total Monthly Payment | $3,483 | $3,595 | $4,499 |
* 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.