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BACK ON THE MARKET DUE TO BUYER'S INABILITY TO OBTAIN FINANCING! Located in the heart of Hazardville, 329 Hazard Avenue presents a rare opportunity to own a versatile THREE-UNIT MIXED-USE property on a spacious . 85-acre lot. Renovated throughout in 2023, the property features TWO FULLY REMODELED RESIDENTIAL UNITS plus a front-facing COMMERCIAL OFFICE-offering strong income and flexible live/work or mixed-use potential. Major 2023 upgrades include three electric panels and meters, updated water meters, two water heaters, an energy-efficient furnace for Unit 1, LG mini-split system for Unit 2, electric baseboard heat in the office, and a dedicated panel for the detached barn. Unit 1 (first floor) offers 1, 154 sq ft with 2 bedrooms and 1. 5 baths, newer windows, stainless appliances, soft-close cabinetry, vinyl plank flooring, granite counters, remodeled full bath, ensuite half bath, fireplace, and enclosed porch. Unit 2 (second floor) offers 1, 649 sq ft with 3 bedrooms, a remodeled bath, newer windows, stainless appliances, soft-close cabinetry, and vinyl plank flooring. Includes a DETACHED TWO-STORY BARN ideal for trailers, landscaping or contractor storage, a full basement for added storage, seven off-street parking spaces, and easy access to highways, Springfield, Hartford, shopping, schools, and amenities.
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:
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For homebuyers and sellers, our Attorney Network:
$575,000
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
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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 | $460,000 | $460,000 | $460,000 |
| 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 | $672 | $672 | $672 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,721 | $2,870 | $3,759 |
| Total Monthly Payment | $3,485 | $3,634 | $4,523 |
* 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.