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Charming Historic 2-Family Home in Prime Coventry Location! Welcome to this rare opportunity to own a piece of Connecticut history! Located at 1079 Main Street in the heart of Coventry, this antique 2-family home (circa 1750) offers timeless character with modern living potential, new roof installed in 2025. Perfect for owner-occupants, investors, or anyone seeking rental income in a highly desirable area. This home is a standout example of late 18th-century New England design. Spacious 2-Family Layout: Ideal for multi-generational living or generating income. 6 bedrooms 2 bath in main home and 2 bedroom 1 bath in 2nd unit. Just minutes from the University of Connecticut (UConn) in Storrs - perfect for faculty, students, or professionals commuting to campus. Easy access to local amenities, parks, and major routes. Large Lot: Plenty of outdoor space on Main Street with room for parking, gardening, or future enhancements. This property is a fantastic investment in a town known for its small-town charm and proximity to higher education. Whether you're looking for a primary residence with rental income or a turnkey multi-family property, 1079 Main Street delivers. Additional pictures to follow.
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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 | $260,000 | $260,000 | $260,000 |
| 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 | $437 | $437 | $437 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,559 | $1,622 | $2,159 |
| Total Monthly Payment | $2,071 | $2,134 | $2,671 |
* 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.