Mixed-Use Gem in Southington, Connecticut. Welcome to a rare opportunity! This . 42-acre property boasts a unique blend of residential comfort in a vintage style colonial with four-bedrooms and commercial potential, located in the downtown heart of Southington. Residential Haven: The property is located at 52 High Street, a corner parcel which features a charming single family home, perfect for cozy living or as a rental income source. Commercial Space: A premium job shop/commercial space awaits, capable of accommodating up to 15 cars indoors. Ideal for automotive enthusiasts, small business or creative ventures. Key Features: *Prime . 42 acre lot *Single-family home included *Expansive commercial space *Across the street from the YMCA *Quarter-mile to the Greenway Trail *Close by to shops, local restaurants and the town center This is an estate, all sales are subject to probate court approval. Property will convey As-Is. The Phase One (1) Report is available.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Upper |
Living Room | Main |
Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
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% | 7.171% | 6.518% |
Monthly Tax Payment | $637 | $637 | $637 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,865 | $2,791 | $3,601 |
Total Monthly Payment | $3,594 | $3,520 | $4,330 |
* 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.