7-9 Forest Road photo 11 / 34

MLS #1292940

7-9 Forest Road

Bishop's Falls

$249,900

6 Beds
2 Baths
3,168 sqft
Single Family
Source Listing

Property Details

Centrally located on Forest Road in the Town of Bishop's Falls is this 2 storey 3 bedroom duplex that would be a great investment as a rental property or live in one side and rent the other to supplement your mortgage payment! Main level of home features eat in kitchen, living room and front and back porches. Second level consists of 3 bedrooms and main bath . Basement of each unit is unfinished and is where the laundry is located. Exterior of home is completed with vinyl windows, doors and siding (10 years old) and shingles (8 years old). Both units are heated by electric baseboard heat and are on their own 125 AMP breaker panel and has PEX plumbing throughout. This duplex is located directly across for the elementary school and close to playgrounds, churches, grocery store and the recreation complex. This would be a great place to raise a family or if purchased as a rental you shouldn't have any issues finding long term tenants at this location. One unit is currently rented while the other has just been newly renovated and ready for immediate occupancy . (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$249,900
Down Payment - 5%$12,495
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,100

Mortgage Payment
$1,423
Property Tax
$177
Insurance
$150
Utilities
$350
Down Payment
$12,495
Loan Amount
$237,405
Total Interest
$189,388

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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