House is leased til May 2025 for $3000 a month. Garage is rented for $2000 a month. Gross revenue is $60,000 a year.Rare opportunity to own an Over sized Industrial Lot an with an oversized Garage and an updated single family ranch on separate parcel both zoned Industrial by the Town of Agawam, MA for over 3/4 of an acre of land. The oversized 2 Bay garage with 2 10 foot high, 12 foot wide Garage doors with a steel beam and chain host and an 18,341 square foot yard. 220 electrical service, great for welding. Newer roof. The entire property is zoned Industrial which allows many uses. Now lets talk about the ranch. Its spacious, three bedroom, two bath home with over 1700 square feet of living space. The basement is renovated adding additional living space. Updated kitchen and baths. Gas forced hot air, central air, newer windows, newer roof and newer siding. Solar panels drive your energy costs down. Space is renovated and move in ready. Gazebo in the back yard.
441 Silver Street, Agawam, MA, 01001
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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