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Listed by Gabriel Bilc of Homesphere Realty,LLC
All showings suspended until February 23, 2024 due to high demand of showings. If not satisfied with offers, will continue to show. Owner financing opportunity , 3 family dwelling located on 1.7 acres, 8 bedroom, 6 baths, 3 car garage, large parking lot with 2 driveways, large yard for barbeque area or other fun activities. 2 years old furnace, brand new septic system installed in 2023, all 3 units fully remodeled, Annual income is $ 72,000 and monthly income is $ 6,000. Owner financing available for the right buyer who brings 20-25% as downpayment. Live in one unit and collect rent from the other 2 units to pay the mortgage. Operating expenses: >> $ 8,848 Vaillancourt Oil >> $ 4,464 Electric Eversource >> $ 6,021 Real Estate taxes >> $ 2,108 Water >> $ 350 Sewer >> $ 2,380 Insurance >> $ 1,600 Snow removal >>Total expenses $ 25,771 total >>Income : >> Unit A $ 16,800 Monthly $ 1,400 >> Unit B $ 31,200 Monthly $ 2,600 >> (4 bed 4 baths unit) >> Unit C $ 20,400 Monthly $ 1,700 >> 3 garages $ 3,600 Monthly 300 >>Total monthly is $ 6,000 , $ 72,000 annual income >> minus $ 25,771 = $ 42,629 >> $ 46,229 as net income before paying the mortgage owner financing mortgage is 400k at 7.5% interest rate >> Interest only amortization, monthly payment is $ 2,500.00 BROKER INTEREST!

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 21, 2024 5:38 AM EST

 

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