Your RARE Opportunity Awaits! If you have been looking for the right time and place to start your very own restaurant / diner / bar business. You've found it! This turnkey setup can get you up and running in no time! All you need is your vision and a good work ethic to get that dream underway! Sold fully equipped with all furnishings and equipment down to the silverware. Or. . . Maybe you don't want to start a restaurant but want a great commercial investment / rental for an UNBEATABLE PRICE! This investment would bring in a substantial monthly income and ROI with a good long-term tenant in place. Whichever way you prefer, this is a solid investment and or business opportunity you don't find very often. Located in a great central location right in the heart of town. Ample parking and storage, great exposure, and easy maintenance. Offering tremendous value compared to what the cost would be to replicate at today's pricing! The premises are part of Southerberry Commons, a Common Interest Community and is subject to and governed by the Declaration of Covenants, Easements, Restrictions, etc. SELLER IS EVEN OFFERING TO HOLD A 1ST MORTGAGE POSISITION WITH ACCEPTABLE DOWN PAYMENT, TERMS, AND CONDITIONS.
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:
$334,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $267,920 | $267,920 | $267,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,628 | $1,628 | $2,117 |
Total Monthly Payment | $1,703 | $1,703 | $2,192 |
* 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.