Whether you are looking for a place to put your business or your next investment opportunity, this is it! This versatile 3 unit mixed-use property is located in a prime location in the heart of Townsend. Consisting of a large commercial storefront on the ground level, a beautiful studio space currently leased to a yoga studio on the second level, which would also be a perfect place for an office, as well as a large 1BR residential unit, both of which have been recently updated. Bathroom in common hall on 2nd floor. The 1BR unit is vacant and the other 2 units are TAW. High visibility location adjacent to Townsend Common at the intersection of routes 119 & 13 between Main & Osgood. This area has roughly 10, 000 cars per day drive by! There may be potential to convert to more residential units, buyers to perform due diligence. Schedule your showing today!
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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 | $331,920 | $331,920 | $331,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $413 | $413 | $413 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,292 | $2,206 | $2,799 |
Total Monthly Payment | $2,780 | $2,694 | $3,287 |
* 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.