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Turnkey investment opportunity in the highly sought-after Northside Condominiums. This 3rd-floor end unit is perfectly positioned for consistent occupancy, offering a private, top-floor location with no neighbors above. The interior has been well-maintained and updated, featuring durable wood flooring in the living area and a refreshed bathroom with a new sink and modern paint. A long-term tenant is currently in place on a Tenant-at-Will agreement, providing immediate cash flow with future flexibility. The property offers a simplified ownership experience with a comprehensive HOA fee that covers heat, hot water, gas, water, and sewer. Residents enjoy association amenities including a swimming pool and professionally landscaped grounds, all with convenient access to major commuter routes and local shopping. Move-in ready and professionally managed, this is a high-utility asset for any portfolio. Contact the listing agent for the current rent roll and lease information.
| Type | Description | Level |
|---|---|---|
| Kitchen | Flooring - Wood, Dining Area, Countertops - Upgraded, Open Floorplan, Lighting - Overhead | Main,First |
| Living Room | Flooring - Wood, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Lighting - Overhead | Main,First |
| Master Bedroom | Closet, Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead | Main,First |
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $159,200 | $159,200 | $159,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $180 | $180 | $180 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $980 | $1,006 | $1,322 |
| Total Monthly Payment | $1,235 | $1,261 | $1,577 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.