Welcome to 63 Lyons Street, a splendid 3-family home that perfectly blends charm and functionality in the heart of New Britain! This exceptional property offers a fantastic opportunity for both investors and families seeking a versatile living arrangement with additional rental income potential. Each of the three spacious units is thoughtfully designed, providing a comfortable and inviting living space. The home features modern updates throughout, ensuring that it combines classic charm with contemporary convenience. With separate utilities for each unit, managing the property is simplified, and operating costs are kept low, making it an attractive investment. Situated in a desirable New Britain neighborhood, this property benefits from its proximity to local amenities, including schools, parks, shopping, and public transportation, adding to its appeal for potential tenants. The property also includes off-street parking and a manageable outdoor area, perfect for relaxation or gatherings. Whether you're looking to invest in a property with strong income potential or seeking a multi-generational living solution where family members can reside close to one another while maintaining their own space, 63 Lyons Street is a must-see. The property has been meticulously cared for, showcasing pride of ownership in its well-maintained interiors and updated features. Don't miss this opportunity to own a property that offers both practicality and potential.
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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 | $343,920 | $343,920 | $343,920 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $772 | $772 | $772 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,288 | $2,286 | $2,949 |
Total Monthly Payment | $3,135 | $3,133 | $3,796 |
* 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.