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Introducing 80 Silver Street, a meticulously maintained six-family residence in the heart of New Britain. This expansive property features six thoughtfully designed one-bedroom, one-bathroom units, each offering spacious layouts and electric heat for efficient, independent comfort. The first-floor units are handicap accessible, providing added convenience and inclusivity for residents. The building has been carefully updated over time to offer a clean, functional, and inviting living environment for tenants. Additional amenities include coin-operated commercial washer and dryers for tenant use and individual storage spaces in the basement assigned to each unit. Two separate storage rooms are also designated for owner use, offering valuable space for maintenance or supplies. Located near local shopping, restaurants, and with easy highway access, 80 Silver Street is not only well-kept but also well-positioned-making it an ideal opportunity for investors seeking reliable income and long-term growth.
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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For homebuyers and sellers, our Attorney Network:
$700,000
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 | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $882 | $882 | $882 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,494 | $3,679 | $4,688 |
Total Monthly Payment | $4,468 | $4,653 | $5,662 |
* 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.