Priced below assessment, this very nice 2 family home is a great buy. Close to Casey Park & currently owner occupied, this would be an ideal investment property or a terrific owner occupant. The downstairs apartment has 3 good sized bedrooms, large eat in kitchen & all appliances. Rent on 3 B.R. Apt is projected at $725. The upper 2 B.R. Apt is currently rented for $325 (but could be projected at over $600) by a long term tenant & is well maintained. The garage has a workshop, additional loft storage & attached shed. There's plenty of parking (3-4 vehicles) & a fully fenced yard. Here is an opportunity for you because the upper income could help pay more than 1/2 your mortgage. This home is also eligible for a $1500 no payback grant for qualified owner occupant buyers.
State Street to Grant, house is on the left side
The approximate monthly Principal & Interest payment for this property would be $605. This payment is based on a 30-year loan at a fixed rate of 3.85 % with a down payment of $7,490. Actual lender interest rates and loan programs may vary.
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