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Fantastic opportunity to own a well-maintained multi-family property in a convenient Hartford location! Ideal for investors or owner-occupants looking to generate rental income. This property features two units, with one unit currently ready for occupancy -perfect for immediate occupancy or to place your own tenant-while the other unit is occupied, providing instant income. Enjoy outdoor living with an exterior deck and a back porch, adding additional appeal for both owners and tenants. Located just minutes from I-91, Route 5/15, and Route 2, offering easy access for commuting. Close to shopping centers, grocery stores, restaurants, parks, and public transportation, making it highly desirable for tenants. The property has been well cared for and offers strong income potential with a functional layout and great location. Whether you're looking to expand your portfolio or live in one unit while renting the other, this is an opportunity you don't want to miss. Prime location Income-producing property One unit ready for occupancy Deck & back porch for outdoor enjoyment
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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 |
|
|---|---|---|---|
| Loan Amount | $367,920 | $367,920 | $367,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $470 | $470 | $470 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,265 | $2,323 | $3,055 |
| Total Monthly Payment | $2,810 | $2,868 | $3,600 |
* 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.