Introducing a prime commercial opportunity in Belmont. This 4174 SF building, built in 1960, and reconstructed in 1975 is ideally suited for owner user office or investment. With a strategic location in the dynamic Belmont/Cambridge / Boston market, this property is situated steps from Cushing Square one of three central business districts in Belmont. Direct access to public transportation to Harvard sq is out the front door. Zoned LB-III, the property offers ample parking ,space for customization and expansion in the 4 floors of office space. The property is ideal suited for an owner occupying buyer however investors will find potential for strong NOI growth.
44 Trapelo, Belmont, MA, 02478
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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