AMAZING Opportunity to own a Mixed Use Property w/ 2 Separate Buildings in Auburn on the Worcester Line w/ TONS of PARKING! Brand New Paved & Lined Parking Lot. The front building consists of 2 Residential units Fully Renovated w/ 1 Bedroom & 1 Bathroom in Each unit! Stainless Steel Appliances, Granite Counter-tops & New Flooring. The 1st floor is paying $1650 and 2nd floor is paying $1700. Market rents for both units are $1850. Both units are in leases. The Back building consists of 2 Huge Garage Bays, Storage Room, Central AC, Large 1st Floor Office Space rented for $1750 w/ a half Bathroom. Upstairs in The Commercial Building are 3 Separate Offices Spaces on w/ a Full Bathroom & Kitchenet. 1 office space is currently rented at $675 and the other 2 are vacant ready to be rented. This building at its full potential should be bringing in $7,225 per month. This is perfect for a business owner to run a business out of and collect rents from the office spaces and residential units!
25 Southbridge St, Auburn, MA, 01501
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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