94 N Main St presents a prime exchange opportunity to acquire a performing (6.7 CAP), fully-stabilized, mixed-use asset featuring 8 total units comprised of street-level commercial and residential above. Total building area of approximately 14,075 GSF sited on 0.3 acres (13,163 sq. ft.) providing expansion possibilities (B2 zoning/FAR of 1.5) and ample parking both on-site and via the adjacent municipal lot. Strategically located in the heart of Mansfield’s downtown commercial district less than ½ mile to the MBTA commuter rail offering service to Boston (North) and Providence (South). The property allows excellent access to major routes including Interstates 95/495 and close proximity to major retailers providing endless options for dining, entertainment and services. Excellent opportunity to acquire a performing asset with value-add benefits via cosmetic upgrades and potential expansion.
94-104 N Main St, Mansfield, MA, 02048
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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