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WOW what a find! Exceptional multi-family opportunity at 83-85 Ward Street in Naugatuck, CT! This well-maintained 2-3 family property is ideal for investors or owner-occupants seeking strong income potential with added lifestyle perks. Each unit offers spacious layouts with bright living areas, generously sized bedrooms, and functional kitchens designed for comfortable everyday living. The property also features separate utilities enhancing convenience and efficiency. Standout feature is the oversized 4-car garage, providing ample parking, storage, or potential workshop space. Outside, enjoy a covered patio perfect for relaxing or entertaining. The yard includes mature fruit trees-adding charm and a unique touch to the property and the garden area making this a slice of paradise! Conveniently located near shopping, dining, schools, major commuter routes and Amtrak train station, this home blends practicality with neighborhood appeal. Whether you're looking to expand your portfolio or live in one unit while renting the others, this versatile property offers both comfort and opportunity.
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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 |
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|---|---|---|---|
| Loan Amount | $380,000 | $380,000 | $380,000 |
| 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 | $624 | $624 | $624 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,340 | $2,399 | $3,156 |
| Total Monthly Payment | $3,039 | $3,098 | $3,855 |
* 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.