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FULLY RENOVATED!!! This pristine 2 family home located in a quiet neighborhood of Taftville. This property is perfect for an owner occupant or an investor who wants to own with ease. The extensive updates in EACH UNIT include an updated kitchen with granite countertops, all new appliances, double hung-insulated-energy efficient windows w/ lifetime warranty, LVT flooring and hardwood flooring throughout, a BRAND NEW Viessmann heating system with tankless hot water, new baseboards, electrical system- panel/wiring , waste piping and PEX for hot/cold water, new roof for both the house and detached garage, and gutters. No stone was left un turn! Each unit offers separate storage spaces, laundry for each unit, separate utilities, a new rear porch. Detached garage is in great condition and can be used for extra rental income. Driveway with 2 spaces and off-street parking . With over 100k in updates, this home offers both provides comfort and investment potential thus further enhance the property's appeal. Can easily be converted back to a single family dwelling. Conveniently located near Backus Hospital, Mohegan Sun and Foxwoods Casino, RT2, RT32, I-395, EB, and so much more! Not a drive by, schedule your showing today! Tenants are current on rent and first floor lease ends next month. Second floor is month to month. 1st floor pays 1600 -leased until End of July. Second floor pays 1200 and is month to month. Buyer/ Buyer's agent to due their own due diligence with atty on tenant(s) vacating property for Owner Occupancy. Tenants are both current and would like to stay, if possible. Rents are under market.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.585.3916
Bobby.Kazarian@raveis.com
NMLS Mortgage Loan Originator ID 1875225
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $255,920 | $255,920 | $255,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $299 | $299 | $299 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,703 | $1,701 | $2,194 |
Total Monthly Payment | $2,077 | $2,075 | $2,568 |
* 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.