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"CALLING ALL INVESTORS , CONTRACTORS, END USERS" (FIXER) Rare opportunity in the highly sought-after Country Club section of the Bronx! This legal two-family home offers tremendous potential for investors, contractors, or owner-occupants looking to build equity. Priced to sell, the property is being offered strictly AS-IS and requires interior renovation, making it the perfect canvas to renovate to your own taste or maximize investment returns. The home features two legal residential units Whether you’re looking for rental income, a multi-generational living arrangement, or your next renovation project, this property presents outstanding value in an established neighborhood. "Note some photos have been decluttered for betting viewing purposes". Just minutes to the 6 SUBWAY LINE ( Pelham Bay Park & Middletown Road Stations) with easy access to Manhattan local/express buses and Major Highways. Conveniently located near schools, parks, shopping, restaurants, major highways, and public transportation. Opportunities like this in the Country Club neighborhood are hard to find. Bring your vision and unlock this property’s full potential!
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Our Executive Mortgage Banker:
$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| 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 | $533 | $533 | $533 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,114 | $3,283 | $4,283 |
| Total Monthly Payment | $3,739 | $3,908 | $4,908 |
* 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.