Downtown Millbury's bustling business hub hosts this gem: a mixed-use property featuring an Auto Repair Garage and a detached 2-family dwelling, all on a snug 0.40-acre plot. The auto repair business, meticulously maintained and thriving, comes complete with 3 lifts, two 14ft. drive-in doors, and two Modine heaters, not to mention a robust power exhaust ventilation system. Meanwhile, the adjacent house, though in need of TLC, holds promise for a stunning office conversion. This is a prime opportunity for owner-occupancy, but only for those with serious intent—pre-qualification is a must before showings. With approximately 289.24 linear feet of frontage on Howe Ave. and 37.5 linear feet on Canal Street, this property is a downtown dream.
2-4 Howe Ave, Millbury, MA, 01527
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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