Investors or owner occupied?? This is the opportunity to purchase and live mortgage free!! 3 rental units and a thriving convenience/deli market in charming West Warren. Two, 2 bedroom units, one currently vacant and in need of renovations to be completed. One 1 bedroom unit, and local busy convenience store with deli, beer, wine and lottery. Currently 4 paved spots for parking, large flat lot behind building with excellent potential to expand parking area. Existing rents under FMV with long term tenants! All separate utilities, town water/ sewer. Small town charm , yet commuters dream! 10 to 15 min to MA pike palmer or sturbridge, 25 min to springfield, 40 min to Worcester. Some cosmetic updates and little TLC can make this local landmark a cash cow for many more years to come.
2240 Main, Warren, (West Warren), MA, 01092
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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