94 Main St:
Prime Investment Opportunity in the Heart of Philmont is An exceptional opportunity to acquire a fully leased, mixed-use building.
* This two-story building consists of approximately 4,800 Square feet.
* There are a total of three units.
* The building consists of a successful and beloved local restaurant at street level and two, 2 to 3 bedroom apartments above.
Highlight: Fully leased portfolio Strong, diversified income stream Mixed-use property in a central Main Street location Attractive investment with long-term growth potential Ideal for investors seeking stable cash flow in a desirable small-town commercial corridor.
94 Main Street, Philmont, NY, 12565
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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