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Extensively improved with over $120, 000 in upgrades, this turnkey asset features 2, 156 square feet above grade plus an additional 1, 000 square feet of finished basement space. Each unit offers a spacious, mirrored layout with three bedrooms, 2 bathrooms, eat-in kitchens, and comfortable living areas designed for today's lifestyle. The vacant unit has been completely remodeled from top to bottom and showcases a stunning new kitchen with updated cabinetry and countertops, fully renovated bathrooms, refinished floors, new doors and trim, modern lighting, and energy-efficient windows. The occupied unit is currently rented at $2, 300/month and is in clean, well-maintained, pristine condition, offering immediate, reliable income. Both units benefit from private decks for outdoor enjoyment. Major capital improvements include updated electrical with LED lighting, replacement baseboard heating, new windows, and 2 brand-new driveways, a new walkway, and an inviting front entrance. Built in 1964 and thoughtfully revitalized, this is a rare opportunity for investors or owner-occupants seeking a low-maintenance, income-producing property in a highly desirable location. With current income in place and a fully renovated vacant unit ready to go, the value and versatility here are undeniable. Wethersfield is phasing in the new taxes over four years. The taxes listed are the estimated taxes for year one. Agents/Buyers should confirm directly with the Wethersfield Tax Assessor office.
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William Raveis Real Estate
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Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 970.390.2521
John.Kirkutis@raveis.com
NMLS Mortgage Loan Originator ID 1424716
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $504,889 | $504,889 | $504,889 |
| 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 | $797 | $797 | $797 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,109 | $3,188 | $4,193 |
| Total Monthly Payment | $3,998 | $4,077 | $5,082 |
* 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.