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Welcome to 773 Dixwell Avenue, a unique mixed-use property offering excellent visibility and versatility. This well-maintained building features both commercial and residential spaces, perfect for investors or owner-occupants seeking income-producing potential. The main-level commercial unit is home to an established barbershop, benefiting from consistent foot traffic and strong community presence. The lower-level commercial space is currently leased to a local dance troupe, providing additional rental income and showcasing the property's flexible use options. Attached to the commercial area is a charming 2-bedroom, 1-bath residential unit with a private entrance. The residence features a spacious kitchen, full bath, comfortable living area, and natural light throughout-ideal for a live-in owner or tenant. Located along a well-traveled corridor in New Haven, this property offers easy access to shopping, dining, public transportation, and downtown amenities. Highlights: * Mixed-use building: commercial + residential * Long-standing barbershop tenant * Basement studio space leased to a dance group * 2 bed / 1 bath apartment with private access * High-traffic location, great visibility, and income potential A perfect opportunity to invest, operate, and grow in one of New Haven's thriving neighborhoods!
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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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $263,200 | $263,200 | $263,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $585 | $585 | $585 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,557 | $1,642 | $2,151 |
| Total Monthly Payment | $2,217 | $2,302 | $2,811 |
* 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.