672 Main Street, East Haven, CT, Connecticut, property flyer

672 Main Street, East Haven, CT, 06512 | $750,000

Are you looking for an investment that generates income from day one. . . while also building long-term wealth? Let me introduce you to this unique opportunity at 672 Main St, East Haven, Connecticut, strategically located just 7 minutes from the airport on a high-traffic main road. Here's what makes this property powerful: You're not just buying a building. . . you're getting TWO assets in ONE. First: A fully operational restaurant-bar already up and running, generating income from day one. This is an active, fully equipped business ready to continue producing cash flow-no need to start from scratch. Second: The commercial building itself, offering long-term appreciation (equity growth) thanks to its prime location and market growth. Property Highlights: Established business Immediate income Real estate included Ample parking High-traffic location This is exactly what smart investors look for: Cash flow + appreciation in one investment Ideal for: Restaurant owners looking to expand Investors seeking passive income Restaurant chains Anyone looking to step into a fully operating business Opportunities like this don't come around often. . . because they offer the best of both worlds: income now growth for the future Message me for financials, ROI details, and to schedule a private showing.

Features

Current Use: Restaurant
Utilities: Electric,Gas
Heating: Hot Air
Cooling: Central Air

Zoning: CC
Frontage: Paved Road
Year Built: 1934
Acreage: 0.23

Est. Taxes: $6,238
Lot Desc: Level Lot
MLS#: 24161203
Website: https://www.raveis.com
/prop/24161203/672mainstreet_easthaven_ct?source=qrflyer

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Listing courtesy of Five Stars Realty Phone: (860) 560-1500

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
Place up to 20+ photos of your home on our website, raveis.com
Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
Showcase your home on raveis.com with a larger and more prominent format
Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
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
Offers access to experienced closing attorneys at competitive rates
Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

672 Main Street, East Haven, CT, 06512

$750,000

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

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$600,000	$600,000	$600,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.875%	6.375%	5.490%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.324%	6.500%	5.710%
Monthly Tax Payment	$520	$520	$520
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,549	$3,743	$4,899
Total Monthly Payment	$4,161	$4,355	$5,511

* 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.