200 Main St, Sprague, CT 06330

OWNER FINANCING for this RIVERFRONT 10 room two family, hardwood floors, wood interior columns, separate furnaces, washer & dryer areas, 3 bedrooms downstairs rents for $875, upstairs $750 (total rent income $1625). Terms 20% down ($36K), 4.5% mortgage payment is $729 per month, homeowner's insurance, flood insurance & property tax if figured monthly is $727 ($1,456 total for mortgage payment, taxes & casualty and flood insurances) taxes are supposed to be lowered since a second 1,000 sq ft home was removed from the property this spring, seller has approved engineered site plans to build another dwelling on the former site. Move in the top unit, your cost would be $581 per month after receipt of the downstairs rent, or, move in the 3 Br downstairs and cost is $706 a month, or, setting a modular home on the approved site while letting the tenants more than pay for all your tax and insurance costs is like getting a free riverfront building lot! Enjoy recreation on the river, walk across the street to dine or 100 yards to a park with multiple baseball fields, volley ball courts, soccer, skate park & basketball. Easy access to I-395 and 95