This 5-unit mixed-use brick building at 147 Babcock St in Hartford's historic Frog Hollow neighborhood , a prime investment opportunity. The property includes long-standing commercial tenant, a church that has been in place for over 20 years and is eager to stay. The building operates on both oil (for heating and hot water) and gas (for cooking). The residential units are in need of renovation, providing great potential for value-add improvements. With solid construction and a central location, this property, significant upside for investors looking to enhance their portfolio.
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Listing courtesy of Roman Pantojas, Oxford Realty Email: 0305romanpan@gmail.com
147 Babcock Street, Hartford, (Frog Hollow), CT, 06106
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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