197 Albert Street, Torrington, CT, Connecticut, property flyer

197 Albert Street, Torrington, CT, 06790 | $425,000

Discover this beautifully maintained two-family home, offering the perfect blend of comfort, functionality, and investment potential. Whether you're looking to expand your real estate portfolio or live in one unit while generating rental income from the other, this property is an exceptional opportunity. The first-floor apartment features a spacious and inviting one-bedroom layout with a bright living area, an updated kitchen, and a warm, welcoming atmosphere that truly feels like home. The second and third floors combine to create an impressive four-bedroom apartment with generous living space, abundant natural light, and an incredible closet space throughout. This oversized unit is perfect for a large family or tenants looking for extra room to live comfortably. Outside, you'll find a beautifully maintained yard that's ideal for entertaining, gardening, or simply relaxing, along with the convenience of a one-car garage. The property has also been upgraded from oil to natural gas heating, providing improved efficiency and long-term savings. Pride of ownership is evident throughout this home. With its excellent condition, spacious layouts, desirable updates, and strong income-producing potential, this is a rare opportunity you won't want to miss. Schedule your private showing today and see everything this outstanding investment property has to offer!

Features

Rooms: 9
Bedrooms: 5
Baths: 2 full
Units: 2
Style: Units on different Floors
Year Built: 1916

Garage: 1-car Detached Garage
Heating: Gas on Gas
Cooling: None
Basement: Full
Above Grade Approx. Sq. Feet: 2,678
Acreage: 0.25

Est. Taxes: $7,258
Lot Desc: Level Lot
Elem. School: Per Board of Ed
High School: Per Board of Ed
MLS#: 24187069
Website: https://www.raveis.com
/prop/24187069/197albertstreet_torrington_ct?source=qrflyer

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Listing courtesy of The Gonzalez Property Group Phone: (718) 650-0292

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

197 Albert Street, Torrington, CT, 06790

$425,000

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	$340,000	$340,000	$340,000
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	$605	$605	$605
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$2,036	$2,121	$2,801
Total Monthly Payment	$2,716	$2,801	$3,481

* 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.