Investment Portfolio with "Upside Potential" 7 Medical / Professional Office Condo's for a total of 14,628 sq. ft. Recently painted and recarpeted hallways, The Building has 150+/- car parking, is A/D/A compliant with Elevator, 2 lavatories on each floor (for a total of 6) some units also have private baths. 5 Units with leases, Unit 1F 1,950 sq. ft. & Unit 3C 4,387 sq. ft. available for lease $16 N.N.N. The Property Completely leased, has projected NOI of $185,416.92 this would be a 11% Cap. One Block from Town Hall, Average traffic 13,200 CPD with Easy Access to Merritt Pkwy (Rt15) and I-95 Call for Income and Expenses
Frontage:
State Road,Paved Road
Garage:
Parking Lot, Off Street Parking, Unassigned Parking
Heating:
Heat Pump, Hot Air
Utilities
Electric,Gas Available,Cable,Fire Suppression System
Lot Description:
Dry,Level Lot
2900 Main Street, Stratford, CT, 06614
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
