Rare find!! Turn-key 4 unit opportunity in Waterbury's desirable Bunker Hill neighborhood! This beautifully upgraded multi-family home at 859 Watertown Avenue offers both classic charm and modern comforts, making it perfect for owner-occupants or investors. With current rental revenue of $3, 650 from tenant-occupied units, this property presents strong income potential while remaining an ideal space to call home. Step inside to find a welcoming layout with original hardwood floors, high ceilings, and custom trim that adds elegance to the dining room and cozy living areas. The spacious kitchen features Italian tile, creating an inviting hub for meals and gatherings. Outside, a large patio with a custom brick oven and grill awaits, perfect for entertaining or simply relaxing. Situated near Brass Mill Center, shopping, and popular restaurants, this property combines convenience with a sense of community. Bunker Hill's reputation as one of Waterbury's most sought-after neighborhoods further enhances its appeal. With special financing programs available offering reduced rates, no PMI and low to no money down, this home is a great option for both first-time buyers and seasoned landlords. Don't miss out-schedule your viewing today!
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William Raveis Mortgage, LLC
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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 | $367,920 | $367,920 | $367,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $747 | $747 | $747 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,448 | $2,445 | $3,155 |
Total Monthly Payment | $3,270 | $3,267 | $3,977 |
* 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.