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Discover Your Next Investment Gem at 75-77 Roxbury Street! Welcome to this two-family home nestled in the vibrant heart of Hartford! This property presents a prime investment opportunity with two generously sized 2-bedroom units, each currently occupied by month-to-month tenants, ensuring you start earning rental income right away. Each unit boasts spacious living areas, ideal for families and professionals alike, offering comfort and convenience. The month-to-month leases provide the flexibility you need, whether you're considering owner-occupancy in the future or continuing to capitalize on rental income. Enjoy the added benefits of off-street parking with a convenient driveway and a detached garage, perfect for extra storage or protecting your vehicles. Located in a lively neighborhood, this property is just a stone's throw away from parks, schools, and public transportation, making it highly appealing to potential tenants. Whether you're a seasoned investor or seeking your next project, this property is a must-see!
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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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,920 | $263,920 | $263,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $439 | $439 | $439 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,668 | $1,754 | $2,209 |
Total Monthly Payment | $2,182 | $2,268 | $2,723 |
* 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.