Presented by
Lisa Klein |
New to the market, this fully occupied 3 family offers two bedrooms in each apartment, hardwood floors, and loads of off street parking for you, and your tennants. There is a detached four car garage, which are being rented out for additional income. The exterior is maintenance free vinyl siding. The roof is only a few years old. the gutters are new, and all of the windows are in good condition. The first floor has baseboard gas heat. The second floor has a gas space heater, and the third floor has electric baseboard. All utilities are seperate, and there is a house panel for the basement/hallways. The hot water tanks are all less than five years old. The heating system for the first floor is new. If that's not enough, did I mention the large, fenced in lot on the side of the building which can be used as a yard, or extra parking. The lot, and building is on the same deed. All tennats are tennant at will. Don't miss this opportunity to own this family in the heart of New Bedford
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Our Executive Mortgage Banker:
Our Insurance Division:
$605,000
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 646.391.4059
Lisa.Klein@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $484,000 | $484,000 | $484,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $432 | $432 | $432 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,899 | $3,056 | $4,019 |
| Total Monthly Payment | $3,423 | $3,580 | $4,543 |
* 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.