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VERSATILE PROPERTY WITH RESIDENTIAL OR COMMERCIAL POTENTIAL ON 28 BY-PASS. Located directly on the highly visible 28 Bypass in Anderson, this 1200 sq ft home offers a rare opportunity for residential living, business use, or a combination of both. Currently zoned commercial, the property can remain commercial for business use or may be eligible for rezoning to residential, giving buyers flexibility to fit their needs. The home features 3 bedrooms and 1. 5 bathrooms with a functional layout that works well as a residence, office space, or hybrid live-work setup. The interior includes a spacious living area, updated kitchen with stainless appliance, and a bright dining or flex space with sliding doors leading to the backyard deck. Multiple rooms can easily serve as bedrooms, offices, or meeting rooms depending on your use. Additional features include a new HVAC installed in 2024, a large driveway with ample parking for multiple vehicles and a spacious backyard with mature trees. WITH IT'S PRIME LOCATION, FLEXIBLE ZONING, AND STRONG VISIBILITY, this property is ideal for entrepreneurs, small business owners, investors, or buyers looking for a home with workspace potential. Convenient to shopping, dining, and major routes, this ANDERSON property offers both ACCESSIBILITY and OPPORTUNITY.
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Our Executive Mortgage Banker:
$235,000
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 | $188,000 | $188,000 | $188,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,112 | $1,158 | $1,524 |
| Total Monthly Payment | $1,187 | $1,233 | $1,599 |
* 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.