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Exceptional opportunity for owner-occupants and investors alike! Either unit can be delivered vacant at closing, allowing buyers to choose the unit that best fits their needs. Well-maintained, this versatile two-family property has been extensively improved with updated electrical and plumbing, insulation upgrades, a new house roof (2024), new garage roof (2025), replacement of the private water main to the street, a new city water service connection (2025), a new gas meter (2026), separate electric meters for each unit plus a dedicated house meter, and water heaters replaced in 2019 and 2025.
The updated first-floor unit features a renovated kitchen and bath, refreshed walls and ceilings, hardwood floors, abundant natural light, and an inviting layout. The second-floor unit offers a spacious, flexible floor plan with a large bedroom, an additional room ideal as a living room, home office, den, nursery, guest room, or potential second bedroom, a generously sized eat-in kitchen, and a full bath. A detached garage provides valuable off-street parking and storage, while the expansive, fenced backyard and bluestone patio offer excellent space for entertaining, gardening, or relaxing. Conveniently located near shopping, restaurants, parks, schools, major highways, and commuter routes, this well-cared-for property offers an ideal blend of comfortable living, income potential, and long-term value. Can be sold with MLS# 1413303 - 407 Smithfield for additional investment opportunity.
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$499,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $399,920 | $399,920 | $399,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.952% |
| Monthly Tax Payment | $379 | $379 | $379 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,430 | $2,525 | $3,321 |
| Total Monthly Payment | $2,884 | $2,979 | $3,775 |
* 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.