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***MULTIPLE OFFERS. . . . SELLER ASKING FOR HIGHEST AND BEST BY MONDAY, JUNE 15TH AT 5: 00 PM. Welcome to a rare opportunity to own a well-maintained two-family home situated on a desirable corner lot in the heart of South Meriden. Whether you're seeking an investment property, multi-generational living arrangement, or an owner-occupied home with rental income potential, this versatile property offers exceptional value. The first-floor unit features an updated kitchen and full bathroom, two bedrooms, a living room, and dining room. Enjoy additional living space with an enclosed porch, as well as a charming front porch-perfect for relaxing and enjoying warm summer days and evenings. The second-floor unit offers its own private entrance and includes a kitchen, full bathroom, living area, and one bedroom, providing an ideal setup for tenants or extended family members. Additional highlights include separate entrances for added privacy, off-street parking, and a lovely yard with plenty of outdoor space to enjoy. Conveniently located near parks, shopping, dining, and everyday amenities, this property combines comfort, flexibility, and income-producing potential in a sought-after South Meriden location. Don't miss this excellent opportunity to own a versatile multi-family home in a convenient and desirable neighborhood! Please include attached As Is Rider with all offers. First Floor unit utilities consist of oil heat and an electric hot water heater. Second Floor unit utilities are all electric, heat and hot water. The Utilities are separate for each unit.
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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 | $239,920 | $239,920 | $239,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $346 | $346 | $346 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,437 | $1,515 | $1,992 |
| Total Monthly Payment | $1,858 | $1,936 | $2,413 |
* 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.