Presented byBob Lang |
This is a 1328 square foot commercial property designated as a warehouse in a residential neighborhood. It was previously a small manufacturing property and can have many uses. Ideal for commercial enterprises that are not retail oriented. Other uses could be an art studio, pottery studio, printing shop or other types of low impact businesses. Current configuration has two offices, two restrooms and a large open floor space . Full attic. Public water and sewer. Natural gas furnace. Building has small property line setbacks that were grandfathered in. Room for 2 parking spaces or possible 3 small cars. Additional parking would be on the street. You will be responsible for any changes in zoning. Cash only, sold as-is. Also listed as residential property that could be converted. (see MLS 24063969) WE HAVE MULTIPLE OFFERS. PLEASE SUBMIT HIGHEST AND BEST OFFERS BY 4: 00 pm on Monday 12/16
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $55,920 | $55,920 | $55,920 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $109 | $109 | $109 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $377 | $372 | $472 |
Total Monthly Payment | $560 | $555 | $655 |
* 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.