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Attention investors and rehab buyers! Opportunity awaits at 44 Curtiss Ave in Bristol - a 2-family property located in a desirable neighborhood, ready for your vision and in need of significant improvement. This multi-family offers a functional layout with identical floor plans in both units, each featuring 4 rooms, 2 bedrooms, and 1 full bath. The owner occupied first-floor unit currently has no heat source. Laundry is located in the kitchen (washer) with the dryer on the back porch. The second-floor unit is tenant occupied (dog on premises) and features natural gas heat and hot water. Property includes two electrical panels, both with fuse boxes. Additional highlights include a detached 2-car garage, level lot, public water and sewer, and natural gas hot water. The basement contains an oil tank that is abandoned. Property is being sold as-is and is ideal for cash buyers or those utilizing a rehab loan. Conveniently located near local amenities with easy access to shopping, dining, and major routes.
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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 | $215,200 | $215,200 | $215,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.487% | 5.614% |
| Monthly Tax Payment | $349 | $349 | $349 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,273 | $1,343 | $1,744 |
| Total Monthly Payment | $1,696 | $1,766 | $2,167 |
* 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.