Professional office suite located on the 3rd floor of Waterford Professional Building that is accessed via an elevator or stairs. Six suites have been converted into multiple offices, a primary reception area with 3 separate entrances, conference rooms, a kitchen, and 2 half baths for a total of 2, 156 SF. The office space occupies the entire end of the building. Unlike most suites, a central HVAC system has been installed within the space. The building is handicap accessible with curb cuts, ramps, and an elevator. Great location convenient to I-95. Ample parking. Perfect for medical, financial, therapist, or any professional. Rent is $12/SQ FT & the monthly condo association fee is currently $933. The Waterford Professional Building is professionally maintained. There are two basement storage units. The Sellers own six suites (320, 321, 327, 328, 329, 330) and can return the suites to the prior configuration pending approval from the city and condo association - Suites 320 & 321; Suites 327, 328, 329, 330. Suites 327, 328, 329 & 330 comprise of 4 offices, reception area, 2 conference rooms or file rooms, 1/2 bath, HVAC condenser, a closet, kitchen totaling approximately 1, 484 SQ FT with two entrances. Rent is $12/SQ FT and the monthly condo association fee is currently $647. Suites 320 & 321 consist of two offices, reception area, conference room or file room, 1/2 bath, & two closets totaling approximately 672 SQ FT with one entrance. Rent is $12/SQ FT and the monthly condo association fee is currently $286.
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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 | $10 | $10 | $10 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $0 | $0 | $0 |
Total Monthly Payment | $75 | $75 | $75 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.