Investors have you been waiting for a Great Opportunity? Look at this profitable 13-unit mixed use property with two retail store rental spaces located in downtown Taunton. The Silver City Lodging House is part of three properties being sold individually or as a potential package deal. The property is heated by gas, offers city water, sewer, and TMLP for electric. This would be an ideal property for 1031 exchange buyers or someone looking to add a valuable asset to their property portfolio. All appliances are owned by the seller and will be included in the sale of this property. All tenants are TAW with no leases in effect. Longterm tenants bring stability to new owners. Fire Alarm & Sprinklers. Converted from oil to gas 2024. Located within walking distance to many local restaurants, Steward Hospital, laundry, coffee shops, government buildings, public transportation, and retail stores. This is an extremely rare business opportunity to run your own retail space or manage the property.
77 Broadway, Taunton, MA, 02780
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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