This beautifully updated multi-family property is a fantastic opportunity for investors or owner-occupants looking for added income potential. With two spacious units, each offering 3 bedrooms and 1 bathroom, this property combines comfort and practicality. Features Include: Kitchens: Both units boast modern kitchens with sleek quartz countertops and stainless steel appliances. Flooring: Durable and stylish laminate flooring runs throughout the entire home. Utilities: The building is equipped with two separate meters for both electricity and water. Heating: Gas heating with efficient baseboard systems. Basement: Includes laundry hookups and offers plenty of storage space. Parking: Ample driveway parking for multiple vehicles. The attic provides additional potential, and the basement adds valuable functionality. Conveniently located in a desirable New Britain neighborhood, this property is close to amenities, schools, and transportation. Don't miss out on this incredible investment or multi-generational living opportunity!
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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 | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $443 | $443 | $443 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,530 |
Total Monthly Payment | $2,513 | $2,511 | $3,047 |
* 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.