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Presented by![]() Christine Turano |
This duplex is a residential building that contains two separate living units within a single structure. This duplex is arranged side by side, sharing a common wall. Each unit has its own entrance, kitchen, living areas, and bathrooms, providing privacy and independence for residents. Most duplexes are commonly used for rental income, multigenerational living, or as investment properties. They offer the benefits of a single-family home while maximizing space and affordability. This particular unit is located in the very desirable SoDo and is undergoing a huge rebuild of the area. Many of the 50's style homes have been leveled for new, much larger homes. The neighborhood affords many lovely features. A huge park and playground are just moments away. The include a semi public pool, pond fishing, exercise trails, and much more. The schools are preferred for the K through 8th grade Blankner Center as well as the High School. Boone High is highly desirable for sports, education and great facility (Go Braves!)
In addition to their practicality, this duplex features a unique architectural style, and it's post modern construction was built to last. Some duplexes include shared outdoor spaces, such as gardens, patios, or driveways, but this unit has it's own parking carport and it's own washer and dryer. This duplex offers completely separate amenities for each unit. Depending on local zoning laws, duplexes may be used for Airbnb, long term rentals or live in one side and rent the other The flexible design makes these units an attractive option for homeowners looking to generate passive income or accommodate extended family members under one roof.
The current tenants are long term, and have not had a rent increase in years. The possibility of leveling the home and building the McMansion of your dreams is high. There are many in the area. The possibility of owner held terms are available. Contact the listing agent.
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NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $463,920 | $463,920 | $463,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | $492 | $492 | $492 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,894 | $3,048 | $3,884 |
Total Monthly Payment | $3,478 | $3,632 | $4,468 |
* 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.