Great investment opportunity!! 2 fully renovated apartments on the 2nd floor with a shared deck. Both units are currently occupied. The first floor commercial space is empty, can be used to suit you needs (cannot be converted to residential due to multi-usage zoning). Commercial unit is equipped with a large commercial range hood and fire suppression system in the kitchen area and 2 restrooms, there's central air but the compressor is not operational. This price is great for a 2 family and you have benefit of the 1st floor rental. Updated mechanicals. Located near downtown Naugatuck.
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Listing courtesy of Johvanny Lopez-Rosado, Apisa RE Email: Jvtherealtor@gmail.com
189 Rubber Avenue, Naugatuck, CT, 06770
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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