Quality one owner Masonry 2,296 sq ft building sets on 0.48 acre lot. Optional use as Industrial or Retail offers great exposure with access to Route 8 Expressway. Building is designed to include Tenant space with its own oil furnace and electrical service. This portion of space has roughed-in plumbing to install its own restroom. Roof is 15 years old. In 2019 underground oil tank was removed. New tank installed in the building. City Water. Fire hydrant borders property which helps to reduce insurance premium. Annual Real Estate Taxes $4,264.00.
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Listing courtesy of Bob Brown, Cohen Agency Email: imcapecodbob@aol.com
1039 South Main Street, Torrington, CT, 06790
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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