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Rare opportunity to own a solid brick three-family home situated on an expansive 25' x 200' lot that extends from block to block, offering access from two streets and valuable off-street parking from 14th Road. The owner's apartment features a unique loft-style layout with a spacious open living area, kitchen, full bath, and direct access to the beautifully landscaped backyard complete with a patio, swimming pool, and private parking. The second and third floors each offer spacious three-bedroom apartments, providing excellent income potential. The property also includes an unfinished basement that can be incorporated into the owner's apartment or maintained as a separate space, offering flexibility for future use. Additional features include two gas heating units, two separate gas hot water heaters, and ample off-street parking—a rare amenity in today's market. Conveniently located less than one block from the Q26 bus stop and close to shopping, schools, parks, and major roadways, this property is ideal for investors, owner-occupants, or multigenerational living.
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Our Executive Mortgage Banker:
$1,388,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,110,400 | $1,110,400 | $1,110,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $798 | $798 | $798 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,305 | $6,657 | $9,370 |
| Total Monthly Payment | $7,228 | $7,580 | $10,293 |
* 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.