This updated commercial building offers a prime investment opportunity, featuring a well-maintained convenience store with a secure 10-year lease at $2,200 per month. The property also includes two fully updated 2-bedroom, 1-bath apartments, offering modern amenities and comfortable living spaces. One of the apartments is currently rented at $1,600 per month, providing a steady rental income, while the other is vacant, presenting potential for additional rental income or owner occupancy.In addition to the commercial building, the property includes an adjacent 1/4-acre commercial lot, currently being used for parking. This lot opens up a variety of possibilities for expansion or redevelopment, with the buyer encouraged to check with the town for potential uses, offering flexibility for future plans. The property also includes off-street parking, enhancing convenience for tenants and customers alike.
4 Dale Ct, Chicopee, MA, 01013
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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