This property is an exceptional redevelopment opportunity! Property is set to be approved for 5 units in existing building; sought after Bradford neighborhood. CN Zone with endless potential and possibilities. This is a "by right" project with no variances required, and all set-backs and requirements. Property has potential to build more than 5 units, by tearing down the building and obtaining the appropriate approval for more units. The building can go up to 3 1/2 stories. The building also has the opportunity for condo conversion; 2bed rooms, 450k x 5.Survey, engineering, and floor plans are already in positive review from the city planning board and set for city council.
399 South Main St, Haverhill, (Bradford), MA, 01835
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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