A fantastic opportunity to own a 7-unit apartment building with a very popular and storefront with terrific exposure on Main Street in downtown Great Barrington. Mostly rented month to month, this building has been a very popular rental for both short and long-term tenants. There's some parking behind the building and more on the street. The apartments range from two one-bedroom, four efficiency two-room apartments, and one studio. A 2022 high-efficiency boiler heats the building and there's high-speed internet and wifi throughout, just steps from the center of the village.The offering could include a turn-key thriving shoe repair business for an additional sum to be discussed with the sellers.
Heating:
Hot Water, Boiler, Multizone
Basement:
Finished-Partially, Exterior Entrance, Walkout
Elementary School:
Muddy Brook Reg.
Middle School:
W.E.B. DuBois Middle School
High School:
Monument Mountain
154 Main St, Great Barrington, MA, 01230
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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