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 a 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*
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
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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 | $447,999 | $447,999 | $447,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $562 | $562 | $562 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,056 | $2,978 | $3,841 |
Total Monthly Payment | $3,710 | $3,632 | $4,495 |
* 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.