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Modern Three-Family Masterpiece | 1817 Barns Ave Rare Investment Opportunity – Fully Gut-Renovated Turnkey Property Experience the perfect blend of modern luxury and high-yield potential at 1817 Barns Ave. This three-family residence has been completely transformed through a top-to-bottom gut renovation, offering sleek finishes and high-efficiency systems throughout. Every unit features independent ductless AC and heating units, providing customized climate control and significantly reduced utility overhead. The first floor offers a spacious and bright three-bedroom, two-bathroom layout featuring an open-concept living area and a contemporary kitchen with brand-new appliances. The second floor mirrors this layout with another three bedrooms and two bathrooms, currently rented at $3, 500 per month to provide immediate, stable cash flow. The third floor consists of a charming three-bedroom, one-bathroom unit highlighted by a private back deck, perfect for outdoor dining and relaxation. Superior upgrades define this property, including all-new plumbing, electrical, and structural updates. The interior boasts modern aesthetics such as recessed lighting, hardwood-style flooring, and designer finishes in every kitchen and bath. With a strong rental history and high demand for three-bedroom configurations, 1817 Barns Ave is a standout choice for those looking for a robust addition to their portfolio or a "live-in" investment where the rental income helps cover the mortgage. Schedule your private tour today!
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Our Executive Mortgage Banker:
$1,599,999
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 | $1,279,999 | $1,279,999 | $1,279,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $562 | $562 | $562 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,268 | $7,881 | $10,801 |
| Total Monthly Payment | $7,955 | $8,568 | $11,488 |
* 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.