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Welcome to 71 Arthur St, Unit 1, a well-maintained end-unit offering space, updates, and convenience all in one. Tucked away on a low-traffic dead-end street, this home provides a quiet setting while remaining just minutes from downtown Torrington's shops, dining, and amenities. The main level features an open-concept layout with brand new flooring throughout, creating a bright and inviting space that flows seamlessly from the living area into the dining space and kitchen. The kitchen is equipped with updated appliances (2021) and offers direct access to the rear outdoor area, making everyday living and entertaining easy. Upstairs, you'll find comfortable bedrooms with ample closet space along with a full bath featuring an updated vanity. The finished lower level adds valuable additional living space, perfect for a family room, home office, or flex space. Additional updates include a newer roof (approx. 5 years), windows (2013), and a water heater (2 years old), providing peace of mind for years to come. Enjoy outdoor living with a private patio area complete with pavers and space for grilling, along with recently replaced rear stairs and platform. As an end unit, this home benefits from added privacy, extra natural light, and a spacious yard area. Whether you're looking for an owner-occupied home or a strong investment opportunity, this property offers excellent value in a convenient location.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Remodeled | 9.0 x 10.0 | Upper |
| Family Room | Remodeled | 21.0 x 21.0 | Lower |
| Kitchen | Remodeled | 10.0 x 12.0 | Main |
| Living Room | Remodeled,Ceiling Fan | 12.0 x 13.0 | Main |
| Primary Bedroom | Remodeled,Ceiling Fan | 12.0 x 13.0 | Upper |
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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 | $132,000 | $132,000 | $132,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $330 | $330 | $330 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $781 | $813 | $1,070 |
| Total Monthly Payment | $1,186 | $1,218 | $1,475 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.