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Presented by
Jessica Molisse |
Exceptional investment opportunity - well-maintained 3-family with additional income-producing garage outbuilding. Each unit offers approx. 1, 248 sq. ft. : 2 bedrooms, full bath, living room and dining room. Updated kitchens and bathrooms throughout. Separate utilities (natural gas) for each unit; water is shared. Recent updates include first-floor bathroom and flooring, new furnace for 3rd floor, and new appliances in 2nd & 3rd floors. Strong rental history with long-term tenants. Property includes a 3, 143 sq. ft. outbuilding with four secure garage bays, each currently rented at $250/month - ideal for continued rental income or conversion to commercial/storage use. Prime location near a public school. Key Features: Three large 2BR units (~1, 248 sq. ft. each) Updated kitchens & baths Separate natural gas utilities per unit; shared water Recent upgrades: 1st-floor bath & flooring, 3rd-floor furnace, new appliances in 2nd & 3rd 3, 143 sq. ft. outbuilding with 4 garage bays ($250/mo each) Strong rental history; long-term tenants Excellent owner-operator or investor potential. Whether you are expanding your portfolio or stepping into multi family ownership, this is a rare opportunity to own a renovated, income producing asset with strong long term appeal.
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$470,000
Sales Associate
William Raveis Real Estate
Phone: 978.835.3879
Jessica.Molisse@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
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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 | $376,000 | $376,000 | $376,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $907 | $907 | $907 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,164 | $2,408 | $3,122 |
| Total Monthly Payment | $3,146 | $3,390 | $4,104 |
* 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.