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87 Woodward Avenue, Middletown, CT, 06457 | $265,000
Attention investors and owner-occupants! Explore the potential of 87 Woodward, a two-family home with . 19 acres, including the adjacent parcel see MLS#24060867, SOLD TOGETHER FOR $280, 000. Located close to Wesleyan University & downtown. The property features a newer roof, two oil furnaces, oil hot water heaters, oil tanks and separate electrical meters for each unit. Natural gas is available on the street, with a gas oven range on the second flr and a gas heater on the third floor. Relax on the spacious open front porch or unwind on the enclosed back porches. Unit 1 (First Floor): 1 bedroom, living rm, dining rm (convertible to an additional bedroom), eat-in kitchen, and full bath. Washer in the kitchen, dryer on the back porch. Long-term tenant (30+ years), paying below-market rent. No lease or security deposit in place. Unit 2 (Second & Third Floors): Second floor: 1 bedroom, living rm, dining rm with built-in hutch and drawers, eat-in kitchen & pantry, and full bath with washer in the kitchen and dryer on the porch. Third floor: 2 bedrooms, sitting area, and unfinished attic space with a single natural gas heater. The basement is accessible via a hatchway with workbenches, storage space and sump pump. The side yard offers ample space for outdoor games and entertaining, shed and an in-ground pool (requires a new liner and repairs around the perimeter). Not FHA or VA eligible. Wonderful investment opportunity or perfect for an owner-occupant willing to add value. Sold AS-IS
Features
- Rooms: 8
- Bedrooms: 3
- Baths: 2 full
- Units: 2
- Laundry: Washer/Dryer All Units
- Style: Units on different Floors
- Year Built: 1900
- Garage: None,Off Street Parking,Driveway
- Heating: Hot Air
- Cooling: Ceiling Fans,Window Unit
- Basement: Full,Unfinished,Sump Pump,Storage,Full With Hatchway
- Above Grade Approx. Sq. Feet: 1,712
- Acreage: 0.09
- Est. Taxes: $5,370
- Lot Desc: Level Lot
- Elem. School: Per Board of Ed
- High School: Middletown
- Pool: In Ground Pool
- MLS#: 24060520
- Days on Market: 0 day
- Website: https://www.raveis.com
/prop/24060520/87woodwardavenue_middletown_ct?source=qrflyer
Listing courtesy of eXp Realty
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 10930
203.641.8287
Dave.Beckman@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Brian KellyInsurance Sales Director, William Raveis Insurance
860.655.6934
Brian.Kelly@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
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requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
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87 Woodward Avenue, Middletown, CT, 06457
$265,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Dave Beckman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $212,000 | $212,000 | $212,000 |
| 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 | $448 | $448 | $448 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,410 | $1,409 | $1,818 |
| Total Monthly Payment | $1,933 | $1,932 | $2,341 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524