Presented byGold Key Team |
This beautifully remodeled antique commercial building is now available for your business or as an investment property. Located near the thriving downtown area for convenience, with close proximity to the highway, library, parks, restaurants, and shopping. The building features a cozy one-bedroom apartment at the rear, with the front portion set up for offices or commercial rentals on both the first and second floors. With proper town approvals, some of the space could be reconfigured into an additional residential unit (previously had a 2nd story apartment). The property has new floors, updated electrical, plumbing, heating, and replacement windows, making it a desirable option for a variety of uses. Don't miss out on this opportunity to own a piece of history in a prime location! First floor in main building has four spacious rooms, an entry reception area and bathroom. There is an additional separated office/living room that is adjacent to the apartment unit. Upstairs has over 900 SF currently set up as office space with five rooms, two bathrooms, laundry room and could easily be designed as an apartment with an added kitchen. Lots of storage space, built-ins, closets throughout. This property is also listed under MLS # 24055587 under multi family listing. It is currently mixed use.
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William Raveis Real Estate
Phone: 860.450.2620
GoldKeyGroup@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $332,000 | $332,000 | $332,000 |
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 | $245 | $245 | $245 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,209 | $2,207 | $2,800 |
Total Monthly Payment | $2,528 | $2,526 | $3,119 |
* 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.