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Great Location. Great Multi-Unit. Three (3) Garages, One For Each Unit. 74 Is 3-Bedrooms 2-Full Baths 1-Half Bath In Unit Laundry Basement With Mechanicals & Storage And A Garage. 76-A Is 2-Bedrooms 1-Full Bath 1-Half Bath In Unit Laundry Basement With Mechanicals & Storage And A Garage. 76-B Lower Level Is 1-Bedroom 1-Full Bath In Unit Laundry Storage & Mechanical Room And A Garage. Needs Updating Throughout. Needs New Roof. Please See GIS And Attached Maps This Property Is On The Newington / Berlin Town Line And Includes Two(2) Small Abutting Pieces That Are In Berlin. The Property To The Right And Back Has A Driveway Easement / R. O. W. Documented And Recorded On The Land Records. The Property Is Fully Rented. No Interior Access / Showings Prior To Contract. See Photos For Interior Condition. Schedule Showing Appointment To See Location And Exterior. Accepting Offers With Contingency For Interior Viewing. Please Do NOT Contact or Attempt To Contact The Paying Tenants. Please Do NOT Disturb The Paying Tenants In Any Way. Please Do NOT Go To Or On The Property Without An Appointment. Please See Photos. Please Submit Offers As Highest & Best. Offers Must Be In Writing Including All Terms With Disclosures Proof Of Funds Pre-Approval In One (1) PDF File There Is Currently Three(3) Electric Meters. One For 74, One For 76-A, And An Owners Meter For 76-B. There Is Also One(1) Water & Sewer Meter (Monthly MDC Bill) For The Whole House. Both The Monthly MDC Bill And Monthly Owners Electric Meter Are Billed To The Landlord. The Lower Unit Tenant, 76-B Pays $1, 000 A Month Rent PLUS Pays The Landlord The Monthly Owners Electric Meter Bill And Monthly MDC Water & Sewer Bill. The Tenant States Averages Around $400 - $500 A Month In Addition To The $1, 000 Per Month Rent.
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William Raveis Real Estate
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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 | $344,000 | $344,000 | $344,000 |
| 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 | $724 | $724 | $724 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,118 | $2,172 | $2,857 |
| Total Monthly Payment | $2,917 | $2,971 | $3,656 |
* 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.