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Presented by![]() Janet Warren |
Welcome to this fantastic Jamaica Plain 3-family residence, full of potential and ready to maximize profitability with just a few upgrades! The property features a brand-new roof and 3 modern forced air heating and cooling systems. Each unit boasts front and rear porches, with a great layout that allows for the addition of bathrooms, easily transforming each into a spacious 3-bedroom, 2-bathroom home. With parking for 3 cars, in-unit laundry, and tall ceilings, this building leases with ease. The current rents are below market value in its current condition, offering an excellent opportunity for future growth. Conveniently located near Forest Hills T Station, Green Street T Station, the Arboretum, Franklin Park, and all the charming restaurants and boutique stores that make Jamaica Plain so special. Whether you're looking to invest or live in one unit while renting out the others, this is an opportunity you won’t want to miss. OFFER DUE MONDAY 4/7 AT 5PM
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
Sales Associate
William Raveis Real Estate
Phone: 203.610.1124
Janet.Warren@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | $1,330 | $1,330 | $1,330 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,392 | $8,235 | $11,139 |
Total Monthly Payment | $8,847 | $9,690 | $12,594 |
* 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.