174 Jefferson Avenue, New London, CT, 06320 | $440,000

If you like large spaces, this side by side duplex may be your new investment, owner occupied, or multi generational property! It has just under 2, 000 square feet per unit; 4, 000 square feet total living space! Totally renovated 10 years ago, both units have updated modern bathrooms, large bedrooms with large closets, and open concept kitchens. Both units have hard surface floors for easy maintenance. New high efficiency natural gas heating furnace in unit 174 and new high efficiency water heater in unit 176. Both units have CENTRAL AIR CONDITIONING. The building has separate attic spaces and dry basement storage areas with newer washers/gas dryers for each unit. Big parking lot behind - no need to park on the street! Fenced in property. (Owner is a licensed RE agent). Property to be sold "as is", (mostly painting to colors of your choice)

Features

  • Rooms: 15
  • Bedrooms: 6
  • Baths: 4 full / 1 half
  • Units: 2
  • Laundry: All Units Have Hook-Ups,Washer/Dryer All Units
  • Style: Units are Side-by-Side
  • Year Built: 1875
  • Garage: None,Paved,Off Street Parking
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: Full,Full With Hatchway
  • Above Grade Approx. Sq. Feet: 3,998
  • Acreage: 0.23
  • Est. Taxes: $5,503
  • Lot Desc: Corner Lot
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 24032443
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/24032443/174jeffersonavenue_newlondon_ct?source=qrflyer
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.

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Linda BlackSales Associate

860.306.3900

Linda.Black@raveis.com

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Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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203.444.0494

Diane.Padelli@raveis.com

Our Insurance Division:

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174 Jefferson Avenue, New London, CT, 06320

$440,000

Linda Black

Sales Associate

William Raveis Real Estate

Phone: 860.306.3900

Linda.Black@raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $352,000 $352,000 $352,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $459 $459 $459
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,371 $2,340 $2,968
Total Monthly Payment $2,905 $2,874 $3,502

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.