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147 Quinn Street presents a neighborhood retail center strategically positioned within a well-established residential section of Naugatuck. Consisting of approximately 5, 308 square feet of commercial space, the property serves as a convenient destination for local residents seeking everyday goods and services close to home. The tenant mix includes food service, beauty, pet care, professional office, and specialty retail uses that benefit from recurring neighborhood traffic and a loyal customer base. The property is configured into seven units with eight tenant spaces, including an existing lower-level commercial unit. The upcoming availability of the former bagel shop space creates an immediate leasing opportunity while allowing investors to increase revenue and enhance long-term value. Additional basement areas provide storage and potential future utilization opportunities, subject to buyer due diligence and municipal approvals. Situated on a prominent corner lot with 25 on-site parking spaces, public utilities, and convenient access to Route 8, the property combines the stability of neighborhood-serving retail with multiple opportunities for future income growth. Do not talk to tenants regarding the sale of the property. Additional information available on Crexi and Loopnet.
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,446 | $1,446 | $1,446 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,307 | $4,676 | $6,477 |
| Total Monthly Payment | $5,845 | $6,214 | $8,015 |
* 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.