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Great opportunity in the Village of Buchanan! This well-maintained front porch four-family property features side-by-side duplex-style apartments, offering a versatile layout ideal for investors or owner-occupants. The left side includes a first-floor unit with 3 bedrooms, living room, sitting room, eat-in kitchen, and full bath. Hardwood linoleum and file flooring. The upper left side is a 2-bedroom unit with living room, kitchen, den, and full bath. All laminate flooring. On the right, the lower unit spans two levels with a living room, dining room, kitchen, and additional flexible space on the main level, plus 3 bedrooms and a full bath upstairs. The upper right unit offers 2 bedrooms, living room, kitchen, den, and full bath. Additional highlights include two detached one car garages (one per side) makes for great storage, expansive driveways for ample parking, a level backyard, and an unfinished basement with utilities and common laundry. Great level yard, perfect for outdoor activities. Vinyl siding for easy maintenance. Rent includes heat and water; tenants pay for hot water, electric, and cable. Two units on the left are vacant, providing immediate income potential or owner occupancy, while the two right-side units are currently occupied. Conveniently located near the village pool, park, pavilion, local shops, library, and Metro-North train station. A home with great income potential.
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$1,050,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,083 | $1,083 | $1,083 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,704 | $5,104 | $7,032 |
| Total Monthly Payment | $5,912 | $6,312 | $8,240 |
* 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.