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Presented by
Danka Pinkos |
Income-Producing Two-Unit Property – Strong Cash Flow Opportunity Exceptional two-unit apartment building located in a desirable residential neighborhood. This well-maintained, fully up-to-code property offers excellent income potential and long-term stability, having remained in the same family ownership for nearly 60 years. The building consists of two separate units with individual electrical meters and breaker panels, allowing for simplified expense management. The first-floor main unit features two large bedrooms, hardwood floors throughout, a spacious living room, eat-in kitchen with pantry, full bathroom, and abundant closet space—ideal for owner occupancy or premium rental income. The second floor offers two oversized bedrooms, with private storage shed. A porch provides private access to the upper units, closed in and eliminating winter maintenance concerns from exterior stairways. The basement has dual access from both the bulkhead and interior stairway, adding flexibility and easy access appeal. A major value-added feature is the extensive garage and paved parking setup: a two-car garage detached with concrete floors, electronic overhead door, and walk-in access doorway. The fully paved yard provides ample parking and space for recreational vehicles, ATVs, or snow machines—an uncommon and desirable amenity for tenant. Low-maintenance vinyl siding on both the building and garages enhances durability and reduces operating costs. The stately façade and strong curb appeal further increase tenant demand and neighborhood value. This is a rare opportunity to acquire a stable, dual investment property with excellent infrastructure, strong rental flexibility, and long-term upside in a solid residential location.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/3/2026Our 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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 212.844.9993
Danka.Pinkos@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $199,200 | $199,200 | $199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | $509 | $509 | $509 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,178 | $1,227 | $1,627 |
| Total Monthly Payment | $1,762 | $1,811 | $2,211 |
* 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.