185 Grandview Terrace, Hartford, CT, 06114 | $460,000

Discover this charming 2. 5 family home nestled in the heart of Hartford. Offering a perfect blend of investment potential & comfortable living. This well-maintained property features 3 distinct living spaces, ideal for owner-occupants seeking rental income or investors looking to expand their portfolio. Unit Breakdown: Includes 2 spacious full-floor apartments, each boasting 3 bedrooms, 1 bathroom, large living areas, and updated kitchens with modern appliances. The additional "half" unit is a cozy 1-bedroom apartment, perfect for a single tenant or small family. Interior Features: Hardwood floors, ample natural light, and high ceilings create a warm and inviting atmosphere. Each unit offers generous closet space and updated bathrooms, with some featuring recent upgrades like new countertops and energy-efficient windows. Exterior & Lot: Situated on a well-kept lot, the property includes a private backyard, ideal for relaxation or small gatherings. Off-street parking for 3-4 vehicles and a detached garage provide added convenience. Location: Conveniently located in a vibrant Hartford neighborhood, this home is just mins from local schools, parks, dining & public transportation. Easy access to major highways & downtown Hartford ensures connectivity to the city's cultural & business hubs. Investment Potential: With strong rental demand in Hartford, this property offers steady cash flow potential. Live in one unit & rent out the others, or lease all units for max return.

Features

  • Rooms: 9
  • Baths: 3 full
  • Units: 2
  • Style: Other
  • Year Built: 1926
  • Garage: 2-car Detached Garage,Driveway
  • Heating: Steam
  • Cooling: None
  • Basement: Full,Interior Access
  • Above Grade Approx. Sq. Feet: 3,202
  • Acreage: 0.15
  • Est. Taxes: $6,798
  • Lot Desc: N/A
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 24165588
  • Website: https://www.raveis.com
    /prop/24165588/185grandviewterrace_hartford_ct?source=qrflyer
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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.

Jessica Marshall - Natuzza's TeamSales Associate

203.400.1884

Jessica.Marshall@raveis.com

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

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

Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@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
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Brian KellyInsurance Sales Director, William Raveis Insurance

860.655.6934

Brian.Kelly@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
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    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
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185 Grandview Terrace, Hartford, CT, 06114

$460,000

Jessica Marshall - Natuzza's Team

Sales Associate

William Raveis Real Estate

Phone: 203.400.1884

Jessica.Marshall@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $368,000 $368,000 $368,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.133% 6.739% 5.952%
Monthly Tax Payment $567 $567 $567
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,118 $2,356 $3,056
Total Monthly Payment $2,759 $2,997 $3,697

* 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.