3905 Far Hills AVE KETTERING OH 45429

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3905 Far Hills AVE

KETTERING, OH 45429

Suburb: Kettering

$270,000

2,518sqft

Active

Current tenants are businesses on month to month leases. This property could be converted back to residential. The City of Kettering has inidicated this location can be multi-family. The existing structure could be converted into two 3 bedroom units each having 1 bathroom. Given the large lot size, there is room for several more rental units. Property has two HVAC systems. See floor plan. Sale includes 3 parcels.

Directions

Corner of Far Hills and Southmoor Circle

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Property Details

General Information

Property Type	Multi-Family
Style	2-4 Units
Suburb	Kettering
Zip Code	45429
School District	Kettering City SD
MLS#	901908

Additional Information

Construction	Aluminum, Frame
Lot Dimensions	.6 acres (3 parcels)
Total Acres	0.279
Occupancy	Tenant
Semi-Annual Taxes	$2,350.00

Property Features

Property SqFt.	2,518
Basement	Full
Garage	None
Cars	0
Heating	Natural Gas
Cooling	Central

Additional Features

Multi-Family Information

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

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