Located in a spectacular location this 3.87-acre parcel of land located on Lockhouse Road in Westfield, MA close to Ridgeway Ave. This project is approved for a 76-unit complex. The project includes the approval of two buildings—one with 2 stories and a walk-out lower level, and a second 3-story building. Buyer can either use for apartments or condos. Build to sell or rent for income. Close to many amenities including highway access and plenty of shopping plus perfect if you wish to rent being close to Westfield state University, Barnes air force base and Noble hospital. Buyer and Buyer agent to do due diligence. Land w/City Approved Engineered Plans ONLY. Buyer will need architectural plans to secure Building Permit. Buyer to perform their own due diligence and verify any & all information.
0 Lockhouse Rd, Westfield, MA, 01085
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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