106 W. Saratoga is a gut renovated apartment building featuring 9 apartment units as well as one basement office unit that could serve as a maintenance office or additional income. The property has a parking lot out back of 7 spots and has always been a low vacancy popular building. It has a 10 year property tax credit which started in 2021 helping increase cash flow and is ready for the next owner to take it far into the future as a great long term investment. There is a 1mm+- assumable loan with 5+- years remaining at an interest rate of 4.2%+-. Buyer must be pre-approved to view.
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Monthly payment
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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