Completely vacant and renovated two-family property offering an excellent opportunity for investors or owner-occupants alike. Each unit features 2 bedrooms and 1 full bathroom with updated kitchens, new cabinetry, and new flooring throughout. The first-floor unit is heated by electric baseboard heat, while the second-floor unit is serviced by a steam radiator heating system with a brand-new furnace located in the basement. Major improvements include 100% updated electrical throughout the property with new panels for both units located in the basement, newly renovated plumbing, two new hot water tanks and many additional updates throughout. Modern finishes and extensive renovations make this property truly move-in ready. Both units also boast in unit laundry hookups. Detached one-car garage provides added storage or parking convenience. With both units delivered vacant, this is a rare opportunity to set your own rents or comfortably owner-occupy while generating passive income.
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Our Executive Mortgage Banker:
Our Insurance Division:
$379,999
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $303,999 | $303,999 | $303,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $300 | $300 | $300 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,872 | $1,947 | $2,545 |
| Total Monthly Payment | $2,247 | $2,322 | $2,920 |
* 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.