This historic Italianate building in the heart of downtown Wallingford is now available for the first time in decades. There is so much potential here! This is a unique structure, from the brownstone foundation to the eight-window square cupula, with commanding views from Wallingford, to the Sleeping Giant foothills to the Hanging Hills of Meriden. Bring your vision and your passion to revitalize a historic home, walkable to all your favorite Wallingford shops and restaurants. There is plenty of living space on 3 levels and a spectacular center staircase. Currently serving as the long-time home of a law firm with 11 offices. Originally located on South Main Street, the structure was then moved to its present location around 1890. In 1920 the house was purchased by the Cwenoco Tribe of Redmen where it functioned as a popular social club for many years. Then, in 1986, the property was purchased by the law firm Faye & Lunt (later Del Sole & Del Sole) and underwent extensive renovation and restoration in 1987-1988. Come, bring your imagination and be a part of continuing the rich history of this home, here in the heart of beautiful downtown Wallingford. . . Cross listed as commercial listing MLS # 24057957. CLB Zoning (Central Limited Business District) allows for commercial buildings, bed and breakfast inns, and multi-family dwellings. See attached documents for more info.
Type | Level |
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Office | Main |
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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 | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $738 | $738 | $738 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,901 | $2,830 | $3,573 |
Total Monthly Payment | $3,731 | $3,660 | $4,403 |
* 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.