Excellent opportunity to acquire a cash-flowing investment asset featuring two buildings on a single parcel. One building consists of five units and a standalone single-family accompanied by a four-car garage. The well-balanced unit mix includes one 2-bedroom, 1-bath unit, four 3-bedroom, 1-bath units, and a 4-bedroom, 1-bath single-family residence with several recent updates. All utilities are separate and tenant-paid, maximizing income potential. This investment offers immediate cash flow with the added upside of rent increases upon unit turnover. There's a private driveway and ample off-street parking.
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Listing courtesy of Thuyan Tran, Oxford Realty Email: thuyan1tran@gmail.com
87 Union Street, Vernon, CT, 06066
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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