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Welcome to 123-125 Oakland Rd, a well-maintained two-family duplex offering an excellent opportunity for owner-occupants, investors, or multi-generational living. Each side features 3 bedrooms and 1. 5 baths, providing spacious and functional layouts with comfortable living areas, eat-in kitchens, and private unit separation. Unit #125 offers a more updated interior feel, while Unit #123 features a combination of hardwood flooring and luxury vinyl plank flooring, along with a heated partially finished basement that adds valuable bonus space for recreation, office use, storage, or additional flexibility. Both units benefit from important improvements, including windows throughout replaced approximately 4 years ago, a roof and driveway approximately 5 years old, plus key mechanical updates: Unit #123 has a water heater and boiler approximately 2 years old, and Unit #125 has a water heater approximately 3 years old. The property also offers great outdoor appeal with ample yard space, a rear deck area with privacy separation, and a wooded backdrop that creates a comfortable setting for outdoor enjoyment. Whether you are looking to live in one unit and rent the other, add to your investment portfolio, or secure a versatile two-family property in a desirable Southington location, this home checks many of the boxes. Conveniently located near Southington amenities, local restaurants, shopping, parks, trails, Mount Southington, and major commuter routes, this property combines every convenience with strong long-term ownership potential. *Offers deadline by Monday 5/18 @ 12pm*
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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 | $359,920 | $359,920 | $359,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $489 | $489 | $489 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,158 | $2,245 | $2,989 |
| Total Monthly Payment | $2,722 | $2,809 | $3,553 |
* 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.