The seller is willing to offer a 2-1 buydown rate to lower the buyer’s interest rate for the first two years of the loan. Here’s how it works: Example: Let’s say the buyer qualifies for a 30-year fixed mortgage at 6% interest. With a 2-1 buydown: • Year 1: Interest rate is reduced by 2% (buyer pays 4%) • Year 2: Interest rate is reduced by 1% (buyer pays 5%) • Year 3–30: Full rate kicks in (buyer pays 6%) Fully renovated 4 apartments building in a great location of the University City!!! Zoning- RM1 !!! Fully Sprinkled, Fire Alarm certified! Partial Tax Abatement approved!!! 1FL- 2 Beds/ 1 Bath with his own laundry, water heater and HVAC. Rent- 1,750$ 2FL- 2 Beds/ 1 Bath with his own laundry , water heater and HVAC. Rent- 1,750$ 3FL- 2 Beds/ 1 Bath with his own laundry , water heater and HVAC. Rent - 1,750$ Basement Unit- 1 Bed/ 1 Bath with his own laundry , water heater and HVAC. Rent- 1,500$ Total monthly gross income- 6,750$
Date | Details | Price | Change |
---|---|---|---|
Active | – | – | |
Price Increased | $799,990 | $50,000 (6.67%) | |
Pending | – | – | |
Price Reduced | $749,990 | $24,910 (3.21%) | |
Active (from Coming Soon) | – | – | |
Show More (1) | |||
Price Reduced (from $799,900) | $774,900 | $25,000 (3.13%) |
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Listing information last updated on July 7th, 2025 at 8:16pm CDT.