Why Rent when you can Buy and Build Equity? Own a clean, high-bay industrial condominium in Topsfield’s desirable New England Business Park. This 1,996 SF unit includes an additional 200 SF mezzanine for storage or light assembly. The space features 200-amp, 3-phase power with bus-duct distribution, gas heat, HVAC, and overhead lifts, offering the flexibility to support a variety of trades, service, and light manufacturing uses. Located just off Route 1 and minutes from I-95, the property provides exceptional access to Peabody, Danvers, and the broader North Shore market. A professionally managed association ensures a well-maintained setting, while a modest $565/month condo fee keeps ownership simple and predictable. Offered at $399,900, Unit A1 delivers the quality, functionality, and visibility that business owners and investors look for in a premier North Shore location.
461 Boston St, #A1, Topsfield, MA, 01983
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
