115 Belden Street, New Britain, CT, Connecticut, property flyer

115 Belden Street, New Britain, CT, 06051 | $850,000

Huge investment opportunity!! Don't miss your chance to own this 3 unit, unicorn property. Comprised of 2 BUILDINGS, 2 residential units & 1 industrial. Everything is brand new inside and out. The 2 residential units, boost high market rent yield. This huge, turn key property boosts (3) bedrooms per unit. Over 2, 300+ sq ft of living space. High efficiency, Natural Gas fired furnace and on demand hot water heaters and gas stoves. Open Front porch. LED lighting inside and out. Electrical panels are located in all the units, including an owners service. Big basement for additional storage. Hard wired smoke/CO detectors. 1 Car attached garage, great for added storage or rental income. Current gross rent $5, 400. Industrial building with trendy NY style lofty space and french doors that lead to a rooftop, with potential for an outdoor patio area. (2) Commercial high bay garage doors with loading docks. High ceilings, gas heat and 3 phase electrical service. New black custom industrial windows, rubber roof and gutters. There were no expense's speared. Both buildings are on 1 deed and sold as a package. Perfect flex space for many different potential businesses. Projected monthly income $3, 500. Total gross rental income for both buildings could easily exceed $9, 000+ per month. Huge driveway and parking lot freshly sealed provides plenty of off street parking. All proper permitting has been taken, inspected and approved. You won't find anything comparable. Make this your new investment. Won't last long!

Features

Rooms: 10
Bedrooms: 6
Baths: 2 full
Units: 2
Laundry: All Units Have Hook-Ups
Style: Units on different Floors
Year Built: 1900

Garage: 1-car Detached Garage,Driveway
Heating: Hot Air
Cooling: Central Air
Basement: Full
Above Grade Approx. Sq. Feet: 2,326
Acreage: 0.25
Est. Taxes: $8,752

Lot Desc: Sloping Lot
Elem. School: Per Board of Ed
High School: Per Board of Ed
MLS#: 24049991
Days on Market: 53 days
Website: https://www.raveis.com
/prop/24049991/115beldenstreet_newbritain_ct?source=qrflyer

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Listing courtesy of Exclusive Properties

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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Is available to meet with you in our office, your home or office, evenings or weekends
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115 Belden Street, New Britain, CT, 06051

$850,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$680,000	$680,000	$680,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.500%	6.375%	5.875%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.821%	6.474%	6.036%
Monthly Tax Payment	$729	$729	$729
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,861	$4,242	$5,692
Total Monthly Payment	$4,682	$5,063	$6,513

* 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.