Don't miss this rare opportunity to own a fully remodeled six-unit property at 31-33 Capen Street, Hartford, CT! This multi-family building has been thoughtfully updated inside and out, offering modern finishes and energy-efficient boilers to enhance tenant comfort and reduce operating costs. Each unit has been meticulously designed to attract and retain tenants, making this property a true turn-key investment. The exterior has been refreshed to ensure long-lasting curb appeal and minimal maintenance. Situated just minutes from downtown Hartford, this property is perfectly located to provide easy access to major employers, cultural attractions, entertainment, and dining options. Tenants will love the convenience of nearby amenities, including public transportation, schools, parks, grocery stores, and shopping centers. The area is vibrant and growing, making it an ideal location for professionals, families, and students alike. Whether you're looking to expand your portfolio or start investing in real estate, this property offers excellent income potential with its prime location and high-quality upgrades. Seize this chance to own a low-maintenance, high-demand property in the heart of Hartford!
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William Raveis Real Estate
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Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,920 | $759,920 | $759,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $818 | $818 | $818 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,495 | $4,866 | $6,464 |
Total Monthly Payment | $5,405 | $5,776 | $7,374 |
* 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.