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23 Main Street, East Haddam (East Haddam Landing), CT, 06423 | $1,090,000
Completely remodeled inside in 2025, this historic building has the potential for multiple uses. It was approved as a tavern on the first floor, and B+B units on the 2nd and 3rd floor or long term rentals. but can be easily adapted into a number of different uses, including commercial. Currently it has been adapted into gorgeous, modern residential units, With a two-bedroom unit, 4 one-bedroom standard units, and a palatial penthouse suite (including a loft space). Includes one ADA-compliant handicapped accessible unit with separate entryway w/ adjacent parking, roll-up/under countertop, and accessible bathroom. Parking lot includes EV charging station. Brand new well and all new mechanical systems. This is not a stereotypical investment property and a P+L could vary a lot. It depends on how an owner chooses to use. Happy to discuss. Owner is licensed real estate agent. This is a perfect opportunity for an anyone to invest in. You could be a B+B owner, be it owner occupied or not The Penthouse suite is awesome. It feature a high end kitchen and bathroom, a deck with views of the Ct river and a private gym. Originally I had intended it to be a bar/restaurant and the towns people were really looking forward to it. I believe the town would encourage you to follow up with that idea,
Features
- Town: East Haddam
- Rooms: 18
- Bedrooms: 7
- Baths: 6 full
- Units: 3
- Laundry: Washer/Dryer Some Units
- Style: Units on different Floors,Units are Side-by-Side
- Year Built: 1866
- Garage: Parking Lot
- Heating: Hot Air
- Cooling: Heat Pump
- Basement: Full,Fully Finished,Walk-out,Liveable Space
- Above Grade Approx. Sq. Feet: 2,942
- Acreage: 0.47
- Est. Taxes: $5,744
- Lot Desc: Sloping Lot,Water View
- Elem. School: East Haddam
- High School: Nathan Hale
- MLS#: 24149070
- Website: https://www.raveis.com
/prop/24149070/23mainstreet_easthaddam_ct?source=qrflyer
Listing courtesy of Sunset Creek Realty, LLC Phone: (203) 453-2145
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeInsurance Sales Director, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
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203.925.4590
For homebuyers and sellers, our Attorney Network:
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requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
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23 Main Street, East Haddam (East Haddam Landing), CT, 06423
$1,090,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $872,000 | $872,000 | $872,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $479 | $479 | $479 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,883 | $5,298 | $7,300 |
| Total Monthly Payment | $5,487 | $5,902 | $7,904 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524