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Whether you're looking to expand your investment portfolio or searching for the perfect owner-occupied property, this well maintained two-family home offers outstanding value. Live in one unit while generating rental income from the other to help offset your mortgage. The first-floor unit has been beautifully remodeled and features 2 bedrooms, fresh paint throughout, an updated fully applianced kitchen, a renovated full bathroom, a separate laundry area, efficient natural gas heat, and central air conditioning. The second-floor unit offers a spacious and inviting layout beginning with a large enclosed porch featuring a full laundry area. Inside, you'll find a generous eat-in kitchen with an abundance of cabinetry, ample counter space, and new appliances included. The comfortable living room leads to two bedrooms, with the second bedroom providing access to a finished attic room-perfect for a home office, playroom, or additional living space as well as a large storage area. This unit is heated with electric heat. Step outside to enjoy the private backyard, complete with a shed that could easily be transformed into a hobby studio, workshop, or creative space, along with an additional storage shed for lawn and garden equipment. Conveniently located just minutes from Shelton's vibrant downtown, you'll enjoy easy access to restaurants, shopping, entertainment, parks, and major highways for an easy commute. This is an outstanding opportunity for investors and owner occupants alike.
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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 | $391,920 | $391,920 | $391,920 |
| 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 | $293 | $293 | $293 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,347 | $2,475 | $3,255 |
| Total Monthly Payment | $2,714 | $2,842 | $3,622 |
* 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.