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409 Main Street, Chatham, MA, 02633 | $2,175,000
Location-Location-Location-409 Main Street in Downtown Chatham offers you this very rare and desirable combination of a mixed use building with a first floor highly visible commercial space with showcase windows, maximum retail exposure and high foot traffic, as well as a fully renovated spacious apartment on the second floor in the heart of Chatham Village. The property offers Five private in-town parking spaces behind the building as well as the property is in the coveted GB1 zoning category which gives you the most versatile business options. The first floor commercial space has a fabulous open floor plan with 3 large room areas and four oversized windows right on Main Street that will put your retail business right on the sidewalk. The second floor apartment was fully renovated in 2019 and has one bedroom, full bath with laundry, an open floor plan with a kitchen and living room with vaulted ceiling and a large outdoor mahogany deck. Both floors are independent of one another and have their own A/C and heat. Don't miss this opportunity that offers great versatility as well as being a sound investment property.
Features
- Property Type: Mixed Use
- Construction: Clapboard, Shingle Siding, Sheet Rock
- Levels: 2
- Heating: Forced Air
- Cooling: Central Air, Wall Unit(s)
- Approx Lot Sq. Feet: 4,356
- Units: 3
- Zoning: GB1
- Laundry: Washer Hookup, Electric Dryer Hookup
- Year Built: 1900
- Approx Sq. Feet: 1,479
- Acreage: 0.1
- Est. Taxes: $4,738
- Lot Desc: In Town Location
- School District: Monomoy
- Appliances: Electric Water Heater, Water Heater
- MLS#: 22403773
- Website: https://www.raveis.com
/prop/22403773/409mainstreet_chatham_ma?source=qrflyer
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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.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
409 Main Street, Chatham, MA, 02633
$2,175,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,740,000 | $1,740,000 | $1,740,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $395 | $395 | $395 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,154 | $10,998 | $14,683 |
| Total Monthly Payment | $10,674 | $11,518 | $15,203 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630