Exceptional Two-Family Investment Opportunity –* This rare two-family property is the perfect blend of investment security and growth potential. Located in a **high-demand area of Springfield** this property offers consistent rental income, low vacancy rates, and the potential for significant long-term appreciation. Whether you’re looking to build your portfolio or find a home with an income-producing rental unit, this property ticks all the boxes. Separate Utilities**: Each unit has its own gas and electric meters. This property won't last schedule your showing today.This property can be purchased as a portfolio with a few other Multi-families own by the same owner. ( MLS 73295697, 73295695, 73295699, 73295698)
156-158 Norfolk St, Springfield, MA, 01109
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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