|
|
Presented by
The Bill Heenan Team |
3 Unit Multi-family property units on 1. 28 acres sitting high on a rolling hill. Property includes an 1875 sq. ft. Workshop w/200 amp service currently being used as a specialty wood shop with many possibilities. The sellers unit is owned by a master carpenter and comes with custom flooring, ceilings, and shoji screens. The kitchen is equiped with an Imperial gas stove, granite counters, farm sink and ceramic tile floors. The rental units have washers & dryers that will remain, Plenty of parking and a garage that could be used for parking, storage or continue to be additional work shop space. One unit is occupied by a long term tenant and is on a lease. The upper (3rd) unit is bright and open. The tenant just moved out and was paying $1000/mth. This is a great opportunity for an owner occupied home or investor property. Unit one is being used as a 3 Bedroom but the front room is actually part of Unit two and has it's own entrance off the front porch and connects to unit two via french doors. Could easily revert back to 2 - 2 br units on the first floor and the 3rd unit upstairs could be a 1 or 2 bedroom. The front porch is being painted. Seller will require a rent back to move, empty the 3 bay garage and Workshop after closing. Have already purchase new home in Arkansas. All 3 hot water heaters are new. The building inspector has signed off on the water heaters and will be inspecting the heating/cooling system the first week of July. Seller has used coal stove as primary source of heat but unit is connected to Heat Pump for heat and a/c. Conventional or Cash buyers preferred unless willing to do any FHA repairs.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$379,999
Sales Associates
William Raveis Real Estate
Phone: 860.460.8053
Bill.Heenan@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
|
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** | 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 | $689 | $689 | $689 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,821 | $1,919 | $2,524 |
| Total Monthly Payment | $2,585 | $2,683 | $3,288 |
* 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.