This property presents a rare combination of commercial and residential potential! The first floor previously housed a popular pizza shop, with additional space available for expanding or repurposing the business. A first-floor apartment, currently designated for use by the building owner. The first floor also features a finished corner space ideal for use as a restaurant extension, storefront, or storage area. The upper floors, while requiring significant renovations, provide an excellent opportunity to add several apartments. Don't worry about parking included in the sale is a spacious parking lot (Map U3, Lot 5) with room for 15+ vehicles, offering convenience for both customers and tenants. Don’t miss the chance to invest in this great building with so much potential. Bring your vision to life! Buyers are responsible for conducting their due diligence with the town. Property is being sold as-is, as seen. Contents on property will not be removed. CASH ONLY Agents see nonpublic remarks
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $108,000 | $108,000 | $108,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $582 | $582 | $582 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $728 | $737 | $933 |
Total Monthly Payment | $1,385 | $1,394 | $1,590 |
* 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.