A “condo” complex with 6 spacious units in need of work. This property offers 3 units with 3 bedrooms and 2 full baths, & 3 units with 4 bedrooms & 2 full baths. Each unit features a master suite complete with a walk-in closet and in-suite full bath, providing future luxury living. At almost 1,700 sqft, a unit is bigger than most single-family homes! The property already boasts costly improvements such as extensive masonry work, brand new flat roofs, vinyl windows, and completely framed out units per architectural open concept floor plan design, including all new proper structural LVL beam supports already in place making this an ideal rehab project for investors or developers. This building can become a standout investment. Rent out each unit or sell each unit, estimated ARV 275k per door. With electricity on, this makes an ideal winter project. just bring your mechanical contractors in & start putting this building back together.
437-443 Main St, Holyoke, MA, 01040
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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