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Presented by
The Lucci Witte Team |
Discover the perfect blend of owner-occupant comfort and income-generating potential at 21 Lewiston Ave. This versatile property is an ideal house hack opportunity, offering Unit 1 in true move-in condition-perfect for an end user looking to offset their living expenses or an investor seeking to maximize cash flow from day one. Unit 1 has been thoughtfully maintained and is essentially turnkey, allowing for immediate occupancy without the need for renovations or updates. Whether you choose to live in the unit yourself or place a tenant at market rent, the flexibility here is unmatched. The layout is functional and inviting, appealing to a wide range of tenants and ensuring strong, consistent demand. This property presents a rare chance to create a "cash cow" scenario: live affordably while rental income from additional units helps cover your mortgage-or fully lease the building and enjoy steady passive income. With minimal upfront work required, you can focus on optimizing rents and building equity from the start. Additional highlights include solid mechanicals, a well-kept interior, and the kind of low-maintenance condition that both homeowners and tenants appreciate. Opportunities like this-where a property is both livable and income-producing without heavy lifting-don't come around often.
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.
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Our Executive Mortgage Banker:
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For homebuyers and sellers, our Attorney Network:
$389,999
Sales Associates
William Raveis Real Estate
Phone: 978.273.0099
TheLucciWitteTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $311,999 | $311,999 | $311,999 |
| 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% | 5.648% |
| Monthly Tax Payment | $483 | $483 | $483 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,846 | $1,921 | $2,529 |
| Total Monthly Payment | $2,404 | $2,479 | $3,087 |
* 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.