Attention investors or owner occupants! This well-maintained 3-family property in New Britain is a fantastic opportunity. The property is in great condition and is move-in ready, with both the first and second floors offering 3 spacious bedrooms while the third-floor features 2 bedrooms. Tenant-paid utilities, ample off-street parking in the back, and plenty of basement storage add to its appeal. Conveniently located just minutes from the hospital and downtown New Britain, this property is perfect for anyone looking to own a cash-flowing asset in a prime location. Don't miss out-schedule a showing today! 1st showing access: 1st floor vacant unit, hallways and exterior only. All units available during the inspection. Basement access is through tenant shared rear staircase.
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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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $614 | $614 | $614 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,127 | $2,722 |
Total Monthly Payment | $2,872 | $2,816 | $3,411 |
* 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.