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Presented by
Linda's Team |
Attention investors -- fully occupied 3-family generating $5, 700/month in gross rental income. Each of the three floors offers a spacious 3 BR / 1 BA layout. Tenants pay gas and electric. Lead paint certificates of compliance on all units. Recent updates include a renovated first-floor kitchen with new flooring and cabinets, refreshed second-floor kitchen flooring, and freshly painted common areas. Units 2 and 3 feature energy-efficient Rinnai gas heaters; Unit 1 has forced hot air. All furnaces and ranges installed in recent years and city-inspected. Vinyl windows throughout. Units 2 and 3 Hot water tanks replaced in 2014. Underground sewer line replaced in 2018. Basement structural reinforcement completed in 2022. Blown-in insulation throughout (2000). Conveniently located near MBTA bus routes, UMass Memorial Medical Center, parks, restaurants, shops, and easy access to I-290 and the Mass Pike.
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:
$699,900
Luxury Properties Specialists
William Raveis Real Estate
Phone: 860.209.7044
LindasTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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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 | $559,920 | $559,920 | $559,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.650% | 5.866% |
| Monthly Tax Payment | $627 | $627 | $627 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,402 | $3,539 | $4,612 |
| Total Monthly Payment | $4,121 | $4,258 | $5,331 |
* 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.