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Fantastic opportunity for investors or owner-occupants! This versatile two-family property features a front unit with two stories, 3 bedrooms, 1. 5 baths, convenient first-floor laundry, a charming front porch, and a private full basement. The rear unit is perfect as a rental or in-law setup offering 1 bedroom, 1 bath, an office space, and a lovely back deck. Both units enjoy separate utilities, updated electric, and the benefit of a newer septic system. Situated on a generous lot with a huge yard, two sizable sheds, and plenty of parking, there's ample room for storage, hobbies, or outdoor entertaining. Currently occupied by fantastic tenants who would love to stay, or take advantage of the flexibility to move in and offset your mortgage. Don't miss this solid investment or the chance to make it your own!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $354,544 | $354,544 | $354,544 |
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 | $360 | $360 | $360 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,241 | $2,329 | $2,968 |
Total Monthly Payment | $2,676 | $2,764 | $3,403 |
* 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.