New Listing Alert: Unique Investment Opportunity in Greenwich, CT Location: Edgewood Ave, Greenwich, CT Property Type: Two Side-by-Side Condos (Must be Sold Together) Price: $900, 000 Each side ($1. 8M) Property Highlights: Rare Opportunity: This is the first time these properties have been on the market since the 1970s! A truly unique chance to own not just one, but two identical condos in one of the most desirable locations in CT, Greenwich. Spacious Living: Each unit offers over 1, 500 sqft of living space, featuring: 3 Bedrooms 1. 5 Bathrooms Generous Attic Storage: Perfect for seasonal items or potential expansion. Basement Potential: Unleash your creativity-whether you're looking to create additional living space, a home gym, or a private office. Convenience at Its Best: Both units come with: Below-House Garages: Safe and secure parking right under your home. Additional Parking: Extra spots for guests or additional vehicles. Investment Flexibility: Supplemental Income: Live in one unit and rent out the other for extra income. Full Rental Income: Rent out both units for maximum ROI. Dream Home Potential: Combine both units into a single expansive dream home. NO HOA FEES: Enjoy the freedom of homeownership without the hassle of monthly fees. Don't Miss Out! Explore the endless possibilities this unique property has to offer. This is your chance to own a piece of Greenwich history! This property is a fantastic opportunity for savvy investors, multi-generational families, or anyone looking to make Greenwich their forever home.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $720,000 | $720,000 | $720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $414 | $414 | $414 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,032 | $4,433 | $5,979 |
Total Monthly Payment | $4,538 | $4,939 | $6,485 |
* 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.