Charming in town property located right on Main St with over 150 ft of River frontage awaits a new owner. Tons of renovations were done to make this property turn key and up to code. Village zoned for various uses poss conv to residential. Previously a hair salon and before that a 2 bedroom home. Beautiful views of the river so picturesque! Renovations include all interior work with new laminate floors throughout and ceramic tile in bathroom. New ceiling tiles, replaced heating system, water tank and newer oil tank. Remodeled bathroom and painted throughout. 2nd flr great for a bedroom. 200 amp electric with sub panel. Brand new water line from street to building. Town water and town sewer! Open floor plan with picture window in front bright and cheery /1 huge room on 2nd level. 3 parcels make up 1. 3 acres! Needs a kitchen and full bath if changed to residential. Buyer to do due diligence. Excellent location between Sturbridge & Palmer Mass pike!
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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 | $175,200 | $175,200 | $175,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $108 | $108 | $108 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,166 | $1,164 | $1,477 |
Total Monthly Payment | $1,349 | $1,347 | $1,660 |
* 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.