Don’t miss this professionally managed, turnkey investment opportunity! This well-maintained three-family property features numerous updates throughout. Units 1 and 2 are currently occupied, providing immediate rental income, while Unit 3 is vacant - perfect for an owner-occupant or additional rental upside. Conveniently located just minutes from Starbucks, McDonald's, and MGM Springfield, with easy access to major highways, this property offers strong tenant appeal. Additional features include a private driveway, a small backyard, and separately metered utilities with tenants paying their own. Lead certificates are in place for all three units. With the potential to generate over $54,000 in annual rental income, this is a solid addition to any investment portfolio.
48 Acushnet Ave, Springfield, MA, 01105
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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