09/19/2024
Looking to get an investment property and need owner financing?? Here is your opportunity. Owner will finance for 10 years at a 7% interest rate! PM or call me for more information or call 860-655-2829. Rehab financing is also accepted.
120 Belden St, New Britain - $285,000.00
Mixed use property in a residential area in New Britain that can continue as mixed use or be converted to a 2 family home. Since the first floor is currently open, you have a lot of flexibility, continue as a mixed-use property with a business on the first floor & residential units above for example a restaurant, bar, day care, office space, etc. (make sure to conduct your due diligence and explore all possibilities) or convert the first floor into another residential unit. The 2nd floor currently has 3 bedrooms but is used as a 2-bedroom, the enclosed porch and deck are great features that add value and appeal to potential renters or owners. With some renovation and possibly town approval, the attic could serve as an additional bedroom or even a separate apartment unit. The back patio & 2 car garage are addittional features. Whether as a mixed-use property or a 2-family home with a walk up attic, this property offers multiple rental opportunities, maximizing your income potential.).Owner Financing may be available with 25% down, this can be advantageous for buyers who may not qualify for traditional financing(Buyers agents can email sellers agent for more information) Overall, this property offers a lot of flexibility & potential for creative use and income generation. ** There is an additional lot across the street that can be purchased to provide extra parking or future development (subject to zoning &town approval, currently zoned for 2 family home).
