Don't miss this excellent investment opportunity! This well-maintained legal 2-family home features two spacious units, each with 2 bedrooms, plus a finished third-floor living space for added flexibility. The property boasts forced hot air heating powered by gas on the 1st and 2nd floors, ensuring efficient and low-maintenance operation. Tenants will enjoy the comfort and convenience of this thoughtfully designed property. This property is centrally located near highways, schools, and transportation, making it an attractive choice for renters. With stable rental income already in place, this property is perfect for investors or those looking to offset mortgage costs. Group showings Saturday 1/4 and Sunday 1/5 12-1:30
70-72 Abbe Ave, Springfield, MA, 01107
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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