50 Howe Street, Meriden, CT, Connecticut, property flyer

50 Howe Street, Meriden, CT, 06450 | $399,900

Nestled in the scenic and community-rich heart of Meriden, 50 Howe Street is more than just a house-it's a home that offers comfort, flexibility, and an investment opportunity all in one. This beautifully updated two-family residence stands as a testament to thoughtful renovation, blending the elegance of traditional New England architecture with the functionality and flair of contemporary design. Whether you're a savvy investor looking for a turnkey property or a homeowner eager to enjoy the benefits of rental income, this multi-family gem ticks all the boxes. The home is divided into two separate living units: a cozy and functional 2-bedroom apartment on the first floor, and a spacious, family-friendly 5-bedroom unit on the second & third floor. Each has been thoughtfully renovated to meet the demands of modern living while still preserving the home's original charm. Roof 2024, 2 New Water Heaters, Brand new flooring throughout in both units, freshly painted, new modern lighting & outdoor patio! Meriden is often described as Connecticut's "crossroads, " thanks to its central location and easy access to both Hartford and New Haven. Commuters will appreciate the quick access to I-91, I-691, and Route 15, making workday travel a breeze. *1st Floor comes with a certificate of compliance from the City of Meriden! Friday 11-5- All units and basement will be able to be viewed. After Friday 2nd floor only to be viewed. 1st floor to be viewed with accepted offer.

Features

Rooms: 11
Bedrooms: 7
Baths: 2 full / 1 half
Units: 2
Laundry: All Units Have Hook-Ups
Style: Units on different Floors

Year Built: 1890
Heating: Hot Water
Cooling: None
Basement: Full
Above Grade Approx. Sq. Feet: 2,008
Acreage: 0.12

Est. Taxes: $4,424
Lot Desc: Level Lot
Elem. School: Per Board of Ed
High School: Per Board of Ed
MLS#: 24090292
Website: https://www.raveis.com
/prop/24090292/50howestreet_meriden_ct?source=qrflyer

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Listing courtesy of William Pitt Sotheby's Int'l

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.

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888.699.8876

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Market your home to realize a quick sale at the best possible price
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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

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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

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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
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50 Howe Street, Meriden, CT, 06450

$399,900

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	$319,920	$319,920	$319,920
Term	360 months	360 months	180 months
Initial Interest Rate**	6.500%	6.875%	5.875%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.058%	7.025%	6.132%
Monthly Tax Payment	$369	$369	$369
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$2,022	$2,102	$2,678
Total Monthly Payment	$2,466	$2,546	$3,122

* 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.