Welcome to a unique opportunity to own a piece of history in the heart of Shelburne Falls, anchored by the picturesque Bridge of Flowers. The 16-18 & 20 State Street buildings, situated at the end of this iconic bridge, embody charm, character, and limitless potential. Currently a culinary haven, 16-18 State Street is occupied by the iconic West End Pub with a second-floor studio apartment that seamlessly blends culinary excellence with cozy living. At 20 State Street, the first-floor houses retail space, currently thriving as a bookstore. Upstairs, a charming 1-bedroom apartment awaits, complete with a private deck and scenic views of the Deerfield River. The solid foundation laid by the current setup ensures a seamless transition for the new owner, whether they choose to continue the existing ventures or explore fresh opportunities. This offering is more than real estate; it's an investment in a vibrant community. Seize the moment, make 16-18 & 20 State Street your next success story.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $554 | $554 | $554 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,234 | $3,153 | $4,048 |
Total Monthly Payment | $3,880 | $3,799 | $4,694 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.