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Live, Work & Prosper – A Rare Mixed-Use Opportunity!Nestled in a prime location, this unique property blends comfortable living with a turn-key business. The single-family home offers a bright and airy living space, an eat-in kitchen, and ample bedrooms, with a dedicated storage area for organization. Attached is a thriving take-out Chinese restaurant with a 10-year history of success. Featuring a fully operational commercial kitchen, a customer-friendly service counter, and a dining area, it’s designed for efficiency. The high-visibility location ensures steady business and foot traffic. Whether you're an entrepreneur ready to take over a business or a homeowner seeking income potential, this property offers limitless possibilities. Conveniently located near major routes and amenities, it provides the perfect balance of residential comfort and business opportunity. Don’t miss this chance to own a home and a thriving business—all in one place! Chinese Restaurant includes furniture and cooking utensils, Pots and Pans and Everything.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
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Loan Amount | $343,920 | $343,920 | $343,920 |
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% | 6.152% |
Monthly Tax Payment | $452 | $452 | $452 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,174 | $2,259 | $2,879 |
Total Monthly Payment | $2,701 | $2,786 | $3,406 |
* 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.