**Beautifully Remodeled Two-Family in Norwich, CT - Turn Key Ready!** Welcome to this thoughtfully remodeled two-family home, where no detail has been overlooked. This property features two brand new studio apartments, each with over 600 sq ft of bright and open living space. Step inside to discover an open floor plan with high ceilings and vinyl plank flooring throughout, creating a seamless and spacious feel. The modern design and attention to detail make this home truly turn-key, ready for you or your tenants to move in and enjoy. Each studio apartment comes equipped with laundry hookups and efficient split systems for heating and cooling, ensuring comfort year-round. On-street parking is available. This home is ideally situated close to casinos, shopping centers, restaurants, and public transportation, making it a prime spot for both work and play. Don't miss out on this incredible opportunity to own a beautifully remodeled, income-generating property! See for yourself all that this home has to offer! Exterior stairwell on side of building is currently being installed.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,571 | $2,002 |
Total Monthly Payment | $1,999 | $1,979 | $2,410 |
* 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.