The total land area is recorded is 6,600 square feet. Classification Officially listed as Class 130 - Vacant Land (Developable), providing a clear path for new construction. Zoning Code. The property is designated as SC2B1, offering specific usage possibilities that should be verified with the city. Current Class. The record card currently lists the property class as Residential. Development Potential. Blank Canvas. As a vacant/developable lot, this is an ideal opportunity for builders or future homeowners to design from the ground up. Situated on Main Street, the lot offers excellent visibility and accessibility. Perfect for investors looking to add to their portfolio. Located in the distinct community of Indian Orchard (Neighborhood 101). Conveniently positioned for access to local amenities and transit routes. Buyers and buyers' agents are encouraged to perform due diligence regarding specific buildability and zoning allowances with the City of Springfield.
0 N S Main St Io, Springfield, (Indian Orchard), MA, 01151
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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