|
|
2 family well maintained. Discover a beautifully updated, multifaceted mixed-use building on Prospect St, offering the rare combination of a residential condo & professional office with, an easy conversion back to a full residential home if desired. This meticulously maintained property is ideal for an owner-occupant, investor, or business professional looking for flexibility and income potential in one location. The 1st floor currently serves as professional office spaces with a welcoming conference and collaboration area featuring a stylish coffee/wine bar, multiple private offices, a common kitchen, and a half bath. Luxury vinyl tile blends with character-rich distressed hardwoods, creating a warm, modern feel throughout. With three separate entrances, the layout allows for single or multiple tenants - or simple conversion to residential use. The second floor offers a private residential unit with its own rear entrance. Inside you'll find two bedrooms, a spacious living room, an updated galley kitchen with butcher block counters and newer appliances, and a beautifully renovated bath with a luxury glass and tile shower. This space works perfectly for owner occupancy or rental income and will be vacant soon. Additional highlights include a new roof and high-efficiency natural gas on-demand heating and hot water system (2022), professionally landscaped grounds, three storage sheds, and ample parking for 15+ vehicles, making it easy for clients, tenants, or guests. Whether you envision a live-work setup, an investment property, professional offices with income, or a return to full residential use, this property offers exceptional versatility in a prime Torrington location. Move-in ready and full of opportunity - bring your vision to life.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$475,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $380,000 | $380,000 | $380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.545% | 5.900% |
| Monthly Tax Payment | $5,018 | $5,018 | $5,018 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,278 | $2,371 | $3,130 |
| Total Monthly Payment | $7,371 | $7,464 | $8,223 |
* 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.