Welcome to this fantastic mixed use property located in the heart of New Haven! This commercial property features a spacious storefront on the ground level, for a variety of businesses. Above the storefront are 3-2 Bedroom units providing an excellent opportunity for rental income. The property has been completely gutted and is ready for immediate use, allowing for endless possibilities for customization and personalization . the prime location offers a convenience a block distance to all amenities., Including shops, restaurants, entertainment, and public transportation. This is an ideal investment opportunity for those looking to capitalize on the thriving New Haven market. Don't miss out on the chance to this versatile and lucrative property.
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Listing courtesy of Jayson Kemp, Five Stars Realty Email: jayson@5starsmail.com
740 Dixwell Avenue, New Haven, CT, 06511
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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