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Opportunity knocks with this well-maintained triplex located at 69 Constance Lane in Bristol, offering flexibility for both investors and owner-occupants alike. Featuring three spacious units, each offering 2 bedrooms and 1. 5 bathrooms, this property combines strong rental potential with comfortable living spaces and attractive long-term upside. One unit is currently vacant, creating the perfect opportunity for an owner-occupant looking to offset their mortgage or an investor ready to bring rents closer to market value. Inside, the units offer functional layouts with generous room sizes, central air, fresh paint, and plenty of natural light throughout. Each unit also enjoys its own private back deck, perfect for relaxing outdoors or entertaining during warmer months. The large unfinished basement provides excellent storage potential, while the level yard and off-street parking add to the property's overall convenience and appeal. Outside, the property boasts great curb appeal with a well-maintained exterior and spacious outdoor areas. Conveniently located near shopping, dining, parks, and major commuter routes including Route 6, Route 72, and I-84. Enjoy being just minutes from local favorites like Page Park, Pine Lake Park, Lake Compounce, and the popular Bell City Diner. Shopping and dining options are plentiful with nearby destinations including Bristol Plaza and West Farm Shopping Center.
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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 | $447,920 | $447,920 | $447,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $717 | $717 | $717 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,683 | $2,828 | $3,690 |
| Total Monthly Payment | $3,492 | $3,637 | $4,499 |
* 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.