Attention contractors and developers! Priced below assessed value for a quick sale. Cash or Rehab loan is best. Selling As-Is, buyer responsible for title V. The first 200' is zoned General Business, the rest is Residential. This is a busy street surrounded by commercial business. The property does need some structural work in the kitchen area. It can be used as a 3 or 4 bedroom home or as a business or offices. The heat and hot water are newer. The electric has been updated to 100 amp CB. Some windows are replacement windows. The property also has a separate building that is used as a one car garage, shed, and barn storage above, which could also be turned into a business. Plenty of land to add additional parking.
157 Hartford Ave E, Mendon, MA, 01756
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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