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Discover the perfect opportunity to own a well-maintained duplex in the heart the O. N. E. of Burlington! Welcome to 148-150 Park Street Burlington, VT which offers an ideal blend of style and convenience Situated on a 0. 05 acre parcel with close proximity to local amenities, the hospital, schools, restaurants, cafes, shopping, public transportation and so much more that is offered throughout all of in the glorious Queen City. Each unit is on its own floor and both feature private entry, a sprawling 880 sq/ft floor plan, 3 bedrooms, 1 bathroom, a bright living area, and a highly functional kitchen with ample storage. Making it an excellent option for all tenants. Additionally the property has separate utilities, off-street parking, plenty of natural light and a spacious backyard to garden, host cook-outs, etc. Recent updates ensure long-term value and low maintenance. Updates include double-pane vinyl windows, exterior painting, cellulose insulation, water heaters, furnaces and much more. If you’re looking to expand your investment portfolio or start out fresh in the world of investments this duplex truly is a fantastic opportunity. Make sure to schedule your showing today! Showings start 02/27/2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $480,000 | $480,000 | $480,000 |
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 | $812 | $812 | $812 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,763 | $3,031 | $3,919 |
Total Monthly Payment | $3,667 | $3,935 | $4,823 |
* 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.