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Once in a lifetime opportunity to purchase six contiguous properties, totaling 8 dwelling units on one street in downtownEvergreen, Colorado. Five single-family homes, a duplex, and a great little 1 bedroom cabin. So much upside! The serialFlipper can have a ball with these. SO much charm and Location, Location, Location! One block to Downtown Evergreen.Walk to the lake and lakehouse for concerts, paddleboarding, ice skating, and New Year’s fireworks. Restaurants, bars, and galleries galore. Trees, rock outcroppings, wildlife. All that and walk to breakfast at the Wildflower or live music at theLittle Bear. This is an ideal path to cash for someone needing to complete a large 1031 transaction. With six separateproperties, one could collect rents as-is and upgrade and sell them one per year or however fast or slow you wish toliquidate. These homes are in the absolute hottest demographic in the foothills. AND the zoning is conducive to buildingSingle Family townhomes or possibly condos. Many possibilities. If you drive by PLEASE do not disturb the tenants. The maximum ROI is achieved when curb appeal is approved. Then, fix-n-flip, fix-n-hold, and / or VRBO will be lucrative.
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- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables – call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as “points”), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. This Payment Calculator tool is Copyright © 2023 Buying Buddy. All calculations should be independantly verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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