85 Railroad Avenue, Beacon Falls, CT, Connecticut, property flyer

85 Railroad Avenue, Beacon Falls, CT, 06403 | $575,000

Welcome to this exceptional investment opportunity in Beacon Falls, CT! This 4-unit property boasts a total of 12 bedrooms and 5 bathrooms, offering ample space and versatility. With an expansive size of 4, 176 square feet, this property presents a promising canvas for those looking to add value and increase their investment portfolio. One of the standout features of this property is the large backyard, providing tenants with a serene outdoor space to relax and enjoy. Each unit also offers private porches, adding an element of exclusivity and comfort for residents. Situated in the sought after town of Beacon Falls, this property benefits from its proximity to small local shops and restaurants, creating a vibrant community atmosphere. Whether it's exploring the local cuisine or indulging in retail therapy, residents will find all they need within reach. While this property requires some work, its potential is undeniable. With your vision and expertise, you can transform this diamond in the rough into a lucrative investment. Don't miss out on this chance to come experience the Beacon Falls real estate market and capitalize on the high potential of this property. Schedule a viewing and seize this opportunity to make your mark. Located within walking distance of Beacon Falls Train Station and Route 8 is close by! *Please note not all washer/dryers included in sale* Subject to Probate Court. Unit 3 tenants expected to move end of 2024 at time of listing

Features

Rooms: 20
Bedrooms: 12
Baths: 5 full
Units: 4
Laundry: All Units Have Hook-Ups
Style: Units on different Floors,Units are Side-by-Side
Year Built: 1900

Garage: 2-car Detached Garage,Paved,Off Street Parking
Heating: Other
Cooling: Central Air,Window Unit
Basement: Full,Unfinished,Shared Basement,Dirt Floor,Concrete Floor,Full With Hatchway
Above Grade Approx. Sq. Feet: 4,176
Acreage: 0.62
Est. Taxes: $6,746

Lot Desc: Lightly Wooded,Level Lot
Elem. School: Per Board of Ed
High School: Per Board of Ed
MLS#: 24065281
Website: https://www.raveis.com
/prop/24065281/85railroadavenue_beaconfalls_ct?source=qrflyer

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Listing courtesy of Century 21 Scala Group

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
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85 Railroad Avenue, Beacon Falls, CT, 06403

$575,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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	$460,000	$460,000	$460,000
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	$562	$562	$562
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,177	$3,099	$3,913
Total Monthly Payment	$3,831	$3,753	$4,567

* 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.