Loan amount
$1,829,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$1,936,000
{PP:$1,888,000}
LTV
94%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
646
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Washington
State
District of Columbia
Loan Details
Purchase price
$1,888,000
Down payment
$59,000
Additional Loan Information
One of a kind Grand Victorian row house in the heart of Mount Vernon boasting four levels with close to 5000 sq. ft. This house has 5 units with five kitchens PLUS an original carriage house (1200 sq. ft.) with an apartment with 2 bed/2 bath and garage. In the main house, this spectacular home features 12 foot ceilings, original hardwood flooring, 5 fireplaces and authentic period details throughout. Can be converted back to residential and rent basement and carriage house for $5K+ a month. Outdoor boast communal/ private patio with garden and second floor unit deck.
Status
Open
Created
January 30, 2021 - 4:48pm
