OPEN HOUSE HAS BEEN CANCELLED!
MIXED USE Building in the heart of Port Chester. There are two residential units with good paying tenants in place. Each unit pays $2800 per month and utilities are included. There are separate meters. The Ground floor space is Commercially zoned and had been the home of the local Italian Social Club. It is a large open space that has been used for various events and parties. There are usually 2-4 parties per month and the daily rental rate has been $650 per day during the week and $750 per day on the weekends. The new owner may decide to rent out as office , retail, medical or whatever the Zoning dept would allow. One may even choose to perhaps convert to Residential. That unit is equipped with a kitchen and half bath.
Cooling:
Central Air, Wall/Window Unit(s)
Basement:
Finished, Full, Walk-Out Access
Construction
Shingle Siding, Stucco
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
140 Terrace Avenue, Rye, (Port Chester), NY, 10573
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
