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Incredible opportunity awaits at 19 Baldwin Street! Located in a high-demand rental and residential pocket of Hartford (06114), this income-driven property represents an outstanding value play for investors looking to expand their portfolio with immediate cash flow. The property is currently rented for $2, 000 per month on a month-to-month lease, and tenants are fully responsible for their own utilities, keeping overhead exceptionally low for the landlord. The interior layout maximizes every square foot, offering excellent room sizes, fantastic natural light, and a versatile floor plan well-suited for stable, long-term tenancy. Well-maintained and highly functional, this home provides a sturdy foundation for future personalization or immediate asset management. Investors will appreciate the ultra-convenient location, which offers effortless commuting paths via nearby I-91 and I-84, proximity to local schools, and quick access to downtown Hartford's employment hubs. Seller prefers a quick closing and may give preference to cash offers or offers with minimal financing contingencies. All offers will be considered. Don't miss out on this prime investment opportunity!
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Bedroom 3 | Upper |
| Full Bath | Main |
| Half Bath | Upper |
| Kitchen | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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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 | $191,200 | $191,200 | $191,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $378 | $378 | $378 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,131 | $1,193 | $1,575 |
| Total Monthly Payment | $1,584 | $1,646 | $2,028 |
* 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.