28 Water Street West photo 11 / 22

MLS #1294434

28 Water Street West

St. Lawrence

$130,000

4 Beds
2 Baths
1,286 sqft
Two-Apartment Home
Source Listing

Property Details

Are you looking for an investment property or a home to move into and have the apartment help with your mortgage? This 2-story, 2-apartment home has a 2 bed, 1 bath unit on the main floor and a 2 bed, 1 bath unit on the second floor. Each tenant has their own separate entry at the rear of the house and both units come with all appliances including washer and dryer. Current rent for both units is $1600 a month. The main floor unit could use some cosmetic work but overall these two units would be great investments. The property is being sold in its current condition, with no warranties or representation by the seller. All measurements to be confirmed by the purchaser. (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$130,000
Down Payment - 5%$6,500
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,365

Mortgage Payment
$740
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$6,500
Loan Amount
$123,500
Total Interest
$98,521

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

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