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Ideally located within walking distance to downtown amenities, this 2-unit multi-family property offers the perfect combination of convenience and privacy. Off-street parking and easy access to local bus routes make it an attractive option for both tenants and homeowners alike. Recent updates enhance value and peace of mind, including a new building drain (upgraded from cast iron to durable PVC), fresh exterior paint on both units, and keypad locks on the exterior, Unit 1 and bulkhead doors - allowing for secure, keyless entry and hassle-free code changes between tenants. Unit 1 features new flooring in the bathroom, living room, dining room, and upstairs bedroom, along with a fresh coat of paint that brings a bright, modern feel throughout. A charming spiral staircase leads to a private, cozy loft-style bedroom. Unit 2 also shines with new paint and a brand-new oven - adding move-in-ready appeal. Additional highlights include a fully fenced private yard, and shared laundry and storage in the basement. Whether you're looking to invest or move in yourself, this is a solid opportunity in a prime location. Bonus: Property qualifies for discounted rate financing ask for details!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $296,000 | $296,000 | $296,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $245 | $245 | $245 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,871 | $1,945 | $2,478 |
Total Monthly Payment | $2,191 | $2,265 | $2,798 |
* 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.