Recently renovated and in immaculate condition this unique offering is located at the beginning of the happening Straight Wharf. Currently set up as a profitable restaurant on the first floor, two bedroom two and half bath with great views of the harbor, one bedroom one bath on the second floor and a three bedroom three and half bath penthouse with spectacular views from the deck or the easily accessible roof walk. A great single family home with commercial income. The restaurant is approved for 80 person capacity. There are three fully stocked residential kitchens with high end appliances and a commercial kitchen. Per zoning there is the potential to create four condominiums.
20 Straight Wharf, Nantucket, (Town), MA, 02554
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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