|
**HIGHEST AND BEST DUE BY SUNDAY 3/09 BY 5: 00PM**Calling all investors! This multi-family property in Hartford is brimming with potential and ready for your vision. While it needs some TLC, key updates such as new windows throughout much of the home provide a strong starting point. The first floor is currently occupied on and off but entire home will be delivered vacant. Initial showings will be for the second and third floor. First and second floor when you step into the living room, they feature a charming brick fireplace and hardwood floors. THE SECOND FLOOR: back bedroom offers balcony access, while another bedroom boasts hardwood floors and new windows. The bathroom includes a cast-iron tub and tile flooring but needs repairs. A third bedroom requires ceiling repairs, and an additional lavender-painted room has older windows. The kitchen is a full gut job, providing a blank slate for customization. THE THIRD FLOOR: the kitchen needs remodeling, but the windows are all relatively new. The bathroom, while structurally sound in some areas, needs significant updates, including bathtub repairs and a full renovation. The living room is spacious with hardwood floors and new windows but requires clearing out. The pink bedroom has linoleum flooring and ceiling cracks that need attention. With some work, this property could be transformed into a fantastic income-producing asset. Don't miss this opportunity to invest in Hartford's growing market!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$249,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $470 | $470 | $470 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,297 | $1,347 | $1,714 |
Total Monthly Payment | $1,842 | $1,892 | $2,259 |
* 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.