Excellent opportunity to own this 2 story building that consist of eighteen (18) office spaces on a second floor and six (7) street level retail suites. There is a back building with endless possibility to be finished as a convention center, casino, entertainment center or conversion to residential apartments. Building features central air, hardwood floors and it is in pristine condition, There is a side loading dock and finished basement. The property is well maintained with many upgrades. Building is situated in the heart of downtown Chicopee an area that has retained historic charm while still undergoing dynamic growth. This combination offers investors a unique and long-term market opportunity.
43-57 Springfield, Chicopee, MA, 06013
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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