Wonderful 2 family home in a great area of Berlin! Inside what appears to be a single family home are 2 units each with 2 large bedrooms, 1 full bath, living room, eat-in kitchen, sunrooms, laundry hook ups & outdoor area. 1st floor offers a covered patio with spiral staircase to 2nd floor's balcony. Lower level along with plenty of storage in this clean basement. City sewer/water. Oil heat. Off street parking, 2 car garage is detached sitting back on the side of the home & offers a great semi-finished extra room off the garage adding extra storage or workshop! Backyard is spacious and ready for outdoor living. Simply line your yard with privacy trees to create a secluded outdoor oasis! Nearby major highways, Rt. 84 & Rt. 91 & Bradley Intl airport allow you to explore all that New England has to offer. Plenty of local restaurants/eateries in addition to wonderful neighboring towns offering great shopping & dining as well. This investment opportunity won't last as it is ideal to meet your goal of either adding to/starting your real estate portfolio adventure or wanting to have your very own owner-occupied multi-family!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $359,200 | $359,200 | $359,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $472 | $472 | $472 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,270 | $2,268 | $2,933 |
Total Monthly Payment | $2,817 | $2,815 | $3,480 |
* 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.