Commercial land / redevelopment opportunity overlooking the Connecticut River in a section of South Hadley identified for revitalization. Property consists of a small lot improved with a collapsed commercial structure of no contributory value. The structure is unsafe and not habitable; entry is not permitted. Property is being conveyed strictly as-is, where-is, with all faults, and seller makes no representations or warranties of any kind, express or implied, including but not limited to condition, structural integrity, environmental matters, presence of hazardous materials, floodplain status, utilities, access, zoning compliance, or suitability for any particular use. Any demolition, remediation, redevelopment, or change of use shall be the sole responsibility of the buyer and subject to buyer’s independent due diligence and all required local, state, and federal approvals. River views and location within a transitioning area may offer long-term potential for a qualified buyer.
1 W Main St, South Hadley, MA, 01075
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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