Rare opportunity to acquire four office condominiums offered as a package in a well-maintained 20-unit professional building on busy Route 1 near the Topsfield Fairgrounds. Three units are currently occupied by TAW businesses, providing immediate income, while one vacant unit offers flexibility for an owner-user or additional rental potential. Each unit features central AC, a private half bath, with two units also offering kitchenettes, and all utilities are separately metered. The property benefits from a recently paved parking lot with ample on-site parking for tenants and clients. Unique value-add potential: three adjacent units can be combined to create a larger 1,950+ SF contiguous space. Ideal for investors or business owners seeking visibility, income, and future flexibility in a high-traffic location. Cannot be used for retail or residential.
218 Boston Street, #multiple, 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.
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