31 Quinnipiac Avenue, North Haven (Montowese), CT, Connecticut, property flyer

31 Quinnipiac Avenue, North Haven (Montowese), CT, 06473 | $697,531

Showings begin Thursday, May 28- RARE opportunity in NORTH HAVEN! TWO FAMILY with seperate 1100sf Building. Last North Haven multifamily sold almost 3 yrs ago. This well-maintained and updated two-family property offers strong income potential and exceptional versatility, appealing to investors, owner-occupants, multigenerational households, and contractors or small business owners seeking dedicated office or workspace supported by rental income. The property includes a detached ~1, 100 SF 3-room building currently used as an office/workshop, offering additional value-add potential and ideal live/work flexibility. The second-floor unit is being sold fully furnished, creating immediate turnkey rental income opportunity. This unit is well suited for short or mid-term rental use or Airbnb. Updates include energy-efficient mechanicals, central air conditioning in both the main residence and rear building, and modern interior finishes throughout. Abundance of Green Space and paved parking, enhancing tenant and owner usability. Convenient to: Yale, QU. Major highways, rail access, and the CT shoreline. Property Being Sold As Is. Inspections for Informational Info. *** No drive-ups, walk-ins, or unscheduled visits are allowed. Please do not enter or walk the property without a confirmed appointment *** Property Being Sold As Is. Inspections for Informational Info. *** NO DRIVE-UPS, WALK-INS, OR UNSCHEDULED VISITS ARE ALLOWED. PLEASE DO NOT ENTER OR WALK THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT *** Any and All questions regarding Permitted Uses in R20 Zone Districts should be directed to Town Building and Zoning Office 203-239-5321. See attached document "R20 Zone".

Features

Town: North Haven
Rooms: 10
Bedrooms: 4
Baths: 4 full
Units: 2
Laundry: Washer/Dryer All Units
Style: Units on different Floors

Year Built: 1938
Garage: 2-car Detached Garage,Paved,Driveway
Heating: Hot Air
Cooling: Central Air
Basement: Full,Unfinished,Storage,Concrete Floor
Above Grade Approx. Sq. Feet: 2,691
Acreage: 0.93

Est. Taxes: $8,606
Lot Desc: Level Lot
Elem. School: Montowese
Middle School: North Haven
High School: North Haven
MLS#: 24145716
Website: https://www.raveis.com
/prop/24145716/31quinnipiacavenue_northhaven_ct?source=qrflyer

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Listing courtesy of LPT Realty Phone: (877) 366-2213

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
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Our Insurance Division:

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31 Quinnipiac Avenue, North Haven (Montowese), CT, 06473

$697,531

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$558,025	$558,025	$558,025
Term	360 months	360 months	180 months
Initial Interest Rate**	6.125%	6.490%	5.750%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.424%	6.628%	5.933%
Monthly Tax Payment	$717	$717	$717
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,391	$3,523	$4,634
Total Monthly Payment	$4,200	$4,332	$5,443

* 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.