New electric charging station added to property for increased income! 3 Parcels! Ease of use and plenty of exposure with this well-maintained building on a busy state route with plenty of off-street paved parking. Large open room perfect for office, retail, meetings, storage and more with central air. Includes private office and full bath with shower as well. Lower level is wide open with three overhead doors for loading docks - great for industrial, warehouse space or work shop. The building is free standing and is approximately 2128 SF, two story block / concrete building 1064 square foot each level. The two abutting parcels are included in this listing - one parcel in back is the large garage (356 Brick Top) and the other is to the side and is a vacant lot (6 Union Ave). High traffic count and convenient to major routes Route 66, Route 6, Route 14 and other connecting routes. University of Connecticut and Eastern Connecticut State University close by.
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William Raveis Real Estate
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Contact@raveis.com
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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 | $256,000 | $256,000 | $256,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,746 | $1,701 | $2,160 |
Total Monthly Payment | $2,108 | $2,063 | $2,522 |
* 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.