|
Presented by
The Eisnor Team |
1619 Lincoln Terrace, Peekskill, NY, 10566 | $779,000
Exceptional opportunity to own a legal three-family property in the heart of Peekskill! Situated on a desirable corner lot, this well-maintained property features three separate residential units, offering flexibility for both investors and owner-occupants alike. The home includes a first-floor studio, a spacious three-bedroom unit on the second floor, and a two-bedroom unit on the third floor. Each unit offers functional layouts, ample natural light, and separate living spaces, making this an ideal setup for rental income or multi-generational living. The property is being sold with an updated Certificate of Occupancy and can be delivered fully vacant, as all current tenants have been given notice and are expected to vacate by May 1st. This presents a rare opportunity to set your own rents or customize the property to your needs from day one. Additional features include off-street parking, a garage, and a private yard, all located just minutes from downtown Peekskill, Metro-North, shopping, dining, and major roadways. Whether you're looking to expand your investment portfolio or occupy one unit while generating income from the others, this is a versatile and high-potential property you won’t want to miss.
Features
- Bedrooms: 5
- Baths: 3 full
- Style: Colonial
- Year Built: 1920
- Garage: 1-car
- Heating: Hot Water
- Cooling: None
- Basement: Full, Walk-Out Access
- Acreage: 0.13
- Est. Taxes: $10,365
- Lot Desc: Corner Lot
- Elem. School: Woodside Community School
- Middle School: Peekskill Middle School
- High School: Peekskill High School
- School District: Peekskill
- MLS#: 972719
- Days on Market: 14 days
- Website: https://www.raveis.com
/prop/972719/1619lincolnterrace_peekskill_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
The Eisnor TeamSales Associates
781.775.3854
EisnorTeam@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Scott PetersenVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 32556
339.224.0866
Scott.Petersen@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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Nicole DelaneyInsurance Sales Director, William Raveis Insurance
781.724.3515
Nicole.Delaney@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1619 Lincoln Terrace, Peekskill, NY, 10566
$779,000
The Eisnor Team
Sales Associates
William Raveis Real Estate
Phone: 781.775.3854
EisnorTeam@Raveis.com
Scott Petersen
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $623,200 | $623,200 | $623,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.403% | 6.431% | 5.668% |
| Monthly Tax Payment | $864 | $864 | $864 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,732 | $3,837 | $5,051 |
| Total Monthly Payment | $4,688 | $4,793 | $6,007 |
* 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