Prime opportunity to redevelop four and a half acres on this main st corner lot in Neighborhood Commercial zone. This zone offers opportunity for many business uses as well as residential. Located conveniently off of US-44 and CT-31, high traffic count roads in Coventry. The lot is right on border of Coventry's downtown village. Picturesque rural area near the University of Connecticut Storrs Campus, Wangumbaug Lake in Coventry, and Nathan Hale State Forest. There is a sewer stub on the property, the location of which can be seen in the map found in the attached documents. Small cape on property built in 1770. Do not walk property without permission.
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Listing courtesy of Brittney Gondek, Berkshire Hathaway NE Prop. Email: bgondek19@gmail.com
39 Depot Road, Coventry, CT, 06238
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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