13 Marine Drive photo 1

MLS #1289181

13 Marine Drive

Marystown

$699,900

7,490 sqft
Multi-family
Source Listing

Property Details

Outstanding opportunity here to own a Multi-Residential ""8"" three bedroom unit apartment building in Marystown located close to the commercial hub of the town. Built in 1975, the property has an effective age of approximately 20 years. All units have a fridge & range. There is a washer hook up in each unit however the appliance is not provided. Communal laundry room with coin operated laundry. Units are renovated as tenants vacate. The existing plumbing was replaced within the past 5 years. 600 amp electrical panel. Original owner (5 decades) is selling multiple apartment buildings in Marystown. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$699,900
Down Payment - 7%$48,993
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$4,897

Mortgage Payment
$3,901
Property Tax
$496
Insurance
$150
Utilities
$350
Down Payment
$48,993
Loan Amount
$650,907
Total Interest
$519,257

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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