60 - 62 Main Road photo 11 / 15

MLS #1298619

60 - 62 Main Road

Cavendish

$225,000

2,000 sqft
Multi-family
Source Listing

Property Details

OCEAN FRONT - Multi unit Building - Mostly furnished, renovated building. Selling with Church next door 62 Main Road - Church has yellow doors and separate survey. All units are Senior friendly - everything on one level. Laundry is shared and in a separate room with hot water tanks Unit 1 - Two bedroom, furnished - Approx. 730 sq. feet Unit 2 - Open concept fully furnished - Universal - 36 inch doors - Approx. 540 sq/ feet Unit 3 - Two bedrooms fully furnished - Approx. 730 sq. feet All units include heat, light and internet. New septic 2023 (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$225,000
Down Payment - 5%$11,250
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,940

Mortgage Payment
$1,281
Property Tax
$159
Insurance
$150
Utilities
$350
Down Payment
$11,250
Loan Amount
$213,750
Total Interest
$170,518

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

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