Updated North Canaan Investment - This charming two-unit building on Railroad Street in North Canaan has been fully updated and is currently rented and income-generating. The main level features large windows overlooking the sidewalk district allowing for excellent visibility and easy access for pedestrians. Sunlight fills the main floor from both the front and back of the building offering a warm and inviting atmosphere. The upper unit is a cozy 2-bedroom, 1-bath residential apartment that is also filled with natural light. This property presents a fantastic opportunity for a ready-to-go investment in the growing Village of North Canaan.
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Listing courtesy of Liza Reiss, Elyse Harney Real Estate Email: lreiss@harneyre.com
10 Railroad Street, North Canaan, CT, 06018
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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