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A RARE-FIND INDEED! INVESTMENT for the FUTURE OPPORTUNITY! RESIDENTIAL OR COMMERCIAL potential! CONVENIENT POPULAR AREA! NICE COMMUNITY w/NO HOA! HOME w/UPDATES! TOP-RANKING SCHOOLS! GREAT PRICE--REDUCED $25, 000! This property consists of two lots and is LOCATED in the popular Simpsonville/Fountain Inn Area! This unique property has the potential for home and/or business (C2)! "Live Green" on this property with a big vegetable garden (or possibly operate a Produce Stand! This location is just off the I-385, with Simpsonville's extensive shopping/restaurants being just 5 minutes +/- away, and GREENVILLE'S major shopping at Woodruff Road just 10 minutes away. LOCATION is great for BOTH COMMERCIAL and RESIDENTIAL! This long-time owner has taken pride and done many updates in this quality all-brick (there's nothing like brick) home. Updates/upgrades since 2023 include: roof, vinyl siding, gutters, heat pump, ductwork, refinished hardwoods, living room flooring, plumbing-bath tub, some interior paint, deck resurfaced, hot water heater, kitchen/dining room flooring, crawlspace moisture barrier. For the buyer who would like more updates, $10, 000 will be provided to buyer at closing for additional updates/upgrades with acceptable contract-must be stipulated in contract. Other special features of the house include security system, side-entry carport, rocking-chair front porch, fenced backyard for pets and children, storage building, and woodstove in fireplace in the open living and dining rooms. (Please Note: Shower could easily be added to 1/2 bath from adjacent closet. ) Top ranking schools service this area for your family, also! WHAT A GREAT PRICE for this property considering all of the options for residential and commercial and the potential investment this could be for you and your family in the future! REDUCED $25, 000 and PRICED "RIGHT TO SELL". (If SF is important to buyer, buyer must verify. )
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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 | $319,920 | $319,920 | $319,920 |
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% | 7.025% | 6.132% |
Monthly Tax Payment | $168 | $168 | $168 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,022 | $2,102 | $2,678 |
Total Monthly Payment | $2,265 | $2,345 | $2,921 |
* 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.