Rare & Prime Beach Commercial zoned land opportunity in rapidly developing Salisbury Beach. Opportunity awaits for the savvy investor/developer to build just seconds from the beach. Marsh views and water views at elevated heights. Land consists of two separatee parcels. 48 Cable consists of 8,319+/- sqft of vacant land and 50 Cable Ave. consists of 3,310+/- Sqft with two separate rental dwellings collecting rent of $2,050 per month. Possibility to build single family and two unit town homes. BUYER TO VERIFY USE AND CONDUCT DUE DILLIGENCE.
48-50 Cable Avenue, Salisbury, (Salisbury Beach), MA, 01950
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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