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Presented by![]() Carrie Lademan |
Welcome to 35 Saint Mary’s Street, a fantastic 3-Unit investment in the heart of the O. N. E. in Burlington, VT. Perfect for investors or owner-occupants, this well-maintained building offers strong rental potential in a highly desirable location. Situated on a 0. 10 acre lot directly across from Roosevelt Park and close proximity to local amenities, the hospital, schools, restaurants, cafes, public transportation and so much more that is offered throughout all of the Queen City. Unit 1 is on the first level and offers a spacious layout with a bright living area, great kitchen, 2 bedrooms, 1 bathroom and is the only unit with full access to the large basement that is partially finished offering a great space for storage. Unit 2 is on the second level which truly is a comfortable space. Offering a great living area, functional kitchen, 2 bedrooms and 1 bathroom. Unit 3 is on the third level which offers a cozy living area, functional kitchen with smart storage options, 2 bedrooms and 1 bathroom. Additionally you will find a fully fenced in expansive back yard space. . This bright and colorful property boasts classic charm with modern upgrades, plenty of space for off street parking and endless storage throughout, ensuring tenant satisfaction. Whether you’re looking to expand your portfolio or live in one unit while renting the others, this property offers steady cash flow potential. Book your showing today to see this amazing investment property. Showings start on 02/20/2025.
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Our Executive Mortgage Banker:
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$699,000
Senior Regional Vice President, Southwest Florida
William Raveis Real Estate
Phone: 239.450.9099
Carrie.Lademan@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | $949 | $949 | $949 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,219 | $3,531 | $4,566 |
Total Monthly Payment | $4,260 | $4,572 | $5,607 |
* 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.