Multiple-used building in the city of Middletown OR2 zoning. 7000 sqft per floor. Total 3 stories with 40 parking space. The property includes space in the rear of the building that has been used for parking up to another 40 cars. This brick facade is in decent shape and the entire space can be re-fitted for potential limited business uses (private school, dare care, pre-school, church are allowed in the zoning). Current used are two residential units on the top floor. Each unit is 5 bedrooms 3 bathrooms ~3500 sqft. There are potential 2 units ~3500 sqft each on the middle floors. There is another potential units of ~7000 sqft on the first floor.
137-139 Linden Avenue, Middletown, NY, 10940
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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