FULLY VACANT MIXED-USED! Exceptional passive income opportunity in this multi-unit property. The first unit showcases a full-service multi-purpose storefront perfect for your business, boutique, salon, etc. The second unit includes a 3-bedroom with an additional room for an office or den full walk-up finished attic with cathedral ceilings, 1st-floor laundry, recent updates and well-maintained over the years. It's an ideal setup for entrepreneurs, 1st time-buyer, and owner-occupancy, providing ample space for family or in-law living. Let your creativity flourish as you customize this property to suit your specific needs. The retail space opens up possibilities for a variety of business ventures. Don't let this opportunity pass you by—schedule your showing today!
287-289 Belmont Ave, Springfield, (Forest Park), MA, 01108
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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