56 Burlington Avenue, Burlington, CT, 06013 | $499,000

Attention owner occupants and investors. Here's your chance to own a unique two family home with a storied history. This solid home was originally built for the Polish Cultural Society, then subdivided into two mirror image units, which at 1650 square feet each, feel more like living in a house than an apartment. Both units share an enclosed front porch with seasonal views of the Farmington River. Enter either front door to find identical front rooms, dining rooms, and huge eat in kitchens. Each staircase leads to a large landing, three bedrooms, and the full bath. Beyond each kitchen is an enclosed back porch. Unit 2's back porch has a cozy built-in seating area, PLUS a half bath and laundry room combo. Other features found only in unit 2: active solar and access to a finished area in the basement with bunk beds, a full bath, and kitchenette. Beautiful natural wood trim, thermopane windows, two yr old roof, recently paved driveway, 2 oil boilers, 2 oil tanks, 2 water meters, and 2 oil fueled hot water heaters; one for each unit plus a separate electric hot water heater for the basement. Can be purchased as a package with 60 Burlington Ave (MLS# 24048609) where you'll find a . 74 acre lot that was once approved for a two family home as well as an existing 2 car garage with a loft. Walking distance to the Farmington Valley River Trail & the adorable town of Collinsville, where you'll find dining, shopping, & year round community activities.

Features

  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full / 1 half
  • Units: 2
  • Laundry: Basement Hook-Up(s),Hook-Up In Unit 1,Hook-Up In Unit 2
  • Style: Units are Side-by-Side
  • Year Built: 1930
  • Garage: None,Paved,Off Street Parking,Unassigned Parking
  • Heating: Baseboard,Hot Water,Wall Unit
  • Cooling: None
  • Basement: Full,Heated,Storage,Interior Access,Partially Finished,Concrete Floor,Full With Walk-Out
  • Above Grade Approx. Sq. Feet: 3,312
  • Below Grade Approx. Sq. Feet: 828
  • Acreage: 0.75
  • Est. Taxes: $5,977
  • Lot Desc: Secluded,Sloping Lot,Water View
  • Elem. School: Lake Garda
  • Middle School: Har-Bur
  • High School: Lewis Mills
  • MLS#: 24048598
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/24048598/56burlingtonavenue_burlington_ct?source=qrflyer
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Ruth ZeissSales Associate

347.556.0014

Ruth.Zeiss@raveis.com

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Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12578

203.520.1925

Laurie.Berger@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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Our Insurance Division:

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For homebuyers and sellers, our Attorney Network:

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56 Burlington Avenue, Burlington, CT, 06013

$499,000

Ruth Zeiss

Sales Associate

William Raveis Real Estate

Phone: 347.556.0014

Ruth.Zeiss@raveis.com

Laurie Berger

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.520.1925

Laurie.Berger@raveis.com

NMLS Mortgage Loan Originator ID 12578

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
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 $498 $498 $498
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,689 $2,653 $3,367
Total Monthly Payment $3,262 $3,226 $3,940

* 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.