Calling All Business Owners And Investors! This Property Features A Spacious 2, 288 SF Building Set On . 16 Acre With 46' Street Frontage On A High-Traffic Visibility Street For Your Business Signage. Property Is Currently Being Used As A Social Club And Previously A Restaurant. Kitchen With Working Commercial Hood Still In Place. Newer Gas Furnace & Water Heater 2021. Benefit From Immediate Returns Generating Income Right Away With Two Levels For Rent Or Use For Your Own Business. Perfect Business Location In The South-End Of Hartford With Approximately 8, 000 Daily Car Counts And A 14 Car Parking Lot In The Back. Conveniently Located Near Several Other Businesses And The Wethersfield Line, Hartford Hospital & CCMC, Brainard Airport, As Well As All That Downtown Hartford Has To Offer Including The XL Center, The Bushnell, CT Science Center, Dunkin Donuts Park, Colt Park, Shopping Areas, Restaurants, Easy Access To I-91 & Rt-5, And More! Hartford South End Real Estate Is A Goldmine Experiencing Continuous Growth And Development, Ensuring That Your Investment Will Appreciate Over Time. Sold As Is.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $259,920 | $259,920 | $259,920 |
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 | $599 | $599 | $599 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,751 | $1,728 | $2,192 |
Total Monthly Payment | $2,425 | $2,402 | $2,866 |
* 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.