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RARE OPPORTUNITY!!! PACKAGE DEAL -1 lot 3 Structures!!! * Single Family * Multi-Family * Barn with Loft PERFECT for real estate investors, extended families/multi-generational living, or owner- occupants. All 3 structures are situated on a lovely level manicured, 1+ acre lot (lots of perennials too) in highly sought after South Glastonbury. There is garage parking for 4 cars, as well as plenty of parking spaces on the paved driveway. The ranch-style single family home provides true one-level living with over 1, 300 sq-ft of living space that feels like so much more due to its vaulted ceiling, skylights, and custom built-ins. It's inviting, sunny and has a bit of a modern industrial vibe combined with some charm of yesteryear. The stately Federal-syle multi-family house (currently tenant occupied) provides great income potential (over $45, 000) per year. It has 2 units. First floor unit is 1, 144 sq-ft and boasts 3 bedrooms and 2 full baths. Upstairs unit is 1, 048 sq-ft and has 2 bedrooms and 1 full bath, and a good size porch. Utilities are separately metered and each unit has private 1 car garage parking (attached). The third structure provides parking for 2-cars plus additional bay for storage on main level. Upstairs it has a huge 640 sq-ft loft with high beamed ceiling and its original hay-loft drop door thats soaks the space with sunlight and fresh air when opened. It offers endless possibilities for hobbyists, contractors, artists, or entrepreneurs. Come view this amazing, one-of-a-kind property. . . you might just fall in love. Perfectly located on Main Street in the heart of South Glastonbury, this exceptional property is just moments from the Village's quaint shops, fine restaurants, the historic Rocky Hill-Glastonbury Ferry, and scenic Cotton Hollow Preserve. Additional features include natural gas, separate utilities, laundry in both homes, ample parking, and an unmatched live-work-play lifestyle opportunity. More professional photos coming soon!
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Vaulted Ceiling,Engineered Wood Floor,Hardwood Floor | 9.5 x 10.0 | Main |
| Kitchen | Remodeled,Breakfast Bar,Built-Ins,Pantry,Engineered Wood Floor,Hardwood Floor | 20.0 x 16.0 | Main |
| Living Room | Remodeled,Beams,Combination Liv/Din Rm,Fireplace,Engineered Wood Floor,Hardwood Floor | 18.0 x 24.0 | Main |
| Primary Bedroom | Remodeled,Skylight,Engineered Wood Floor,Hardwood Floor | 11.0 x 11.5 | Main |
| Study | Engineered Wood Floor,Hardwood Floor | 10.0 x 8.0 | Main |
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$995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $960 | $960 | $960 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,520 | $4,837 | $6,717 |
| Total Monthly Payment | $5,572 | $5,889 | $7,769 |
* 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.