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42 Pine Street, Torrington, CT, 06790 | $299,000
Welcome to 42 Pine Street, a fantastic opportunity for investors and owner occupants alike. This classic two family home blends character, flexibility, and income potential in a convenient Torrington location close to shopping, dining, medical facilities, and everyday amenities. One unit is currently leased, providing immediate rental income, while the second unit is vacant and ready for its next tenant or owner occupant. Inside, you'll find bright and spacious living areas highlighted by beautiful hardwood floors, abundant natural light, and charming architectural details. The updated kitchens offer modern convenience with ample cabinet space, while refreshed baths add comfort and functionality. Generously sized bedrooms provide flexibility for a variety of living arrangements, and the walk up attic presents valuable storage or future expansion possibilities. A detached two car garage adds additional appeal, while the quarter acre lot offers outdoor space to enjoy. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or secure a property with long term upside, this versatile multi family checks all the boxes. With one unit generating income today and the other ready for immediate occupancy, the possibilities are endless. Don't miss the chance to own a property that combines classic charm, practical updates, and strong potential in one attractive package.
Features
- Rooms: 10
- Baths: 2 full
- Units: 2
- Style: Units on different Floors
- Year Built: 1930
- Garage: 2-car Detached Garage
- Heating: Baseboard,Gas on Gas
- Cooling: Ceiling Fans
- Basement: Full
- Above Grade Approx. Sq. Feet: 1,745
- Acreage: 0.25
- Est. Taxes: $7,122
- Lot Desc: Lightly Wooded
- Elem. School: Vogel-Wetmore
- Middle School: Torrington
- High School: Torrington
- MLS#: 24184781
- Website: https://www.raveis.com
/prop/24184781/42pinestreet_torrington_ct?source=qrflyer
Listing courtesy of KW Legacy Partners Phone: (860) 313-0700
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeInsurance Sales Director, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
- Offers access to experienced closing attorneys at competitive rates
- Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies
42 Pine Street, Torrington, CT, 06790
$299,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $594 | $594 | $594 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,433 | $1,492 | $1,970 |
| Total Monthly Payment | $2,102 | $2,161 | $2,639 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524