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Investor opportunity or perfect owner-occupied income property! This well-maintained 2-family, with possibility to make a 3-family home, offers space, updates, and strong income potential. Both units have been freshly painted, and the vacant first-floor unit is move-in ready - ideal for a homeowner looking to offset their mortgage or an investor ready for immediate rental income. The first-floor unit features 2 bedrooms and 1 full bath, with beautiful hardwood floors throughout the bedrooms, living room, and dining room. The spacious second-floor unit offers 3 bedrooms and 2 full baths across two levels. The updated kitchen (2021) boasts granite countertops, portable island with seating area and laminate flooring, while hardwood floors continue throughout the remaining living spaces. Two generously sized bedrooms and a full bath are located on the 2nd floor level, while the private third-floor primary suite includes a full bath, expansive living area, and skylights that fill the space with natural light. Additional highlights include a 2-car garage, two covered porches, both freshly painted and major recent updates: new roof (2025), new gas furnaces (2024), and hot water heaters (2021). A fantastic opportunity to own a multi-family property with charm, functionality, and excellent income potential! 2nd floor unit will be empty by closing.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $415,920 | $415,920 | $415,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $791 | $791 | $791 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,491 | $2,626 | $3,426 |
| Total Monthly Payment | $3,373 | $3,508 | $4,308 |
* 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.