Welcome to the vibrant downtown Springfield, renowned as the birthplace of basketball and the hometown of Dr. Seuss. This area is bustling with energy, as new businesses have recently opened. Seize this incredible opportunity to acquire 982 Main Street and 974-976 Main Street. Three established tenants are currently renting the space, you can enjoy immediate income and be part of this thriving community! There are many amenities nearby, like the MassMutual Center, casino, hotels, great shopping centers, close to the highway, and so much more! Bring your ideas to the heart of Springfield. The property includes two parcels of land on Wilcox Street (Both combined, total area is approximately 6,098 sq. ft.), designated for parking. Additionally, 1021 Main Street is also for sale (MLS #73323738), allowing you to buy the properties as a package or separately.
982 Main St, Springfield, MA, 01103
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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