112 Green Street, Worcester, MA, Massachusetts, property flyer

112 Green Street, Worcester, MA, 01604 | $975,000

This is an incredible opportunity to own 'The Banner Bar and Grill, ' a well-established restaurant in the vibrant Canal District. Positioned directly across from Polar Park, the home of the Worcester Red Sox, this prime location is poised to thrive with the area’s continued development. The Cove, a nearby complex with 171 residential units, has just opened its doors, and even more growth is on the horizon. With a loyal local customer base and an influx of WooSox fans, this venue enjoys a steady and expanding clientele. Truly, a home run!

Features

Construction: Brick, Frame
Utilities: Public Water, Public Sewer

Zoning: CCOD-C
Year Built: 2016

MLS#: 73276831
Website: https://www.raveis.com
/prop/73276831/112greenstreet_worcester_ma?source=qrflyer

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Listing by Tony Mallozzi courtesy of Anthony Joseph Real Estate LLC Phone: 508-589-6262

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888.699.8876

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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
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Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Our Insurance Division:

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Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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112 Green Street, Worcester, MA, 01604

$975,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$780,000	$780,000	$780,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.875%	6.625%	6.125%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.820%	6.723%	6.284%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$4,614	$4,994	$6,635
Total Monthly Payment	$4,706	$5,086	$6,727

* 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.