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Presented by
Karen Drullard |
Prime 3-Family Mixed-Use Investment Opportunity with Ample Parking!!! Discover the perfect blend of residential comfort and commercial potential in this well-maintained 3-family mixed-use property. Ideally situated in a high-visibility location, this building offers two spacious residential units plus a versatile ground-floor commercial space-ideal for retail, office, or service-based businesses. Property Highlights: Unit 1 (Commercial): Street-level storefront with large display windows, excellent foot traffic, and flexible layout to suit a variety of business needs. Unit 2 & Unit 3 (Residential): Bright, well-appointed apartments with generous living areas, updated kitchens, and with a great potential rental income. Ample Parking: Private lot provides plenty of off-street parking for tenants, customers, and guests. Additional Features: Full basement for storage, separate utilities, and low-maintenance exterior. Perfect for owner-occupants seeking supplemental income or investors looking for a strong cash-flow asset, this property's prime location, stable tenancy, and mixed-use versatility make it a rare find in today's market. Don't miss your chance to owning a property like this one!
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$589,000
Sales Associate
William Raveis Real Estate
Phone: 203.530.5399
Karen.Drullard@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.858.7106
Liz.Eckman@raveis.com
NMLS Mortgage Loan Originator ID 1195194
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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 | $471,200 | $471,200 | $471,200 |
| 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 | $1,038 | $1,038 | $1,038 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,901 | $2,975 | $3,913 |
| Total Monthly Payment | $4,031 | $4,105 | $5,043 |
* 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.