"Exceptional Mixed-Use Commercial Property with Strong Income Potential. An outstanding opportunity to acquire a well-performing mixed-use commercial building with a solid net income. This property features a high-traffic pizza establishment, residential units. Ideally situated in Meriden, it provides excellent accessibility to major highways, shopping centers, and the downtown area. The property also includes ample off-street parking at the rear, enhancing convenience for both tenants and customers. There are two buildings, 177 Broad St and 183 Broad St, and each prepays taxes. The tax for the 183 Broad St building is $4,687.84, while the tax for the 177 Broad St building is $5,418.59. The total tax for both buildings is $10,106.20.
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Listing courtesy of Oswaldo Torres, Las Americas Real Estate Email: c2181main@aol.com
Meriden, CT, 06450
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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