For sale as a package: two side-by-side 3-story buildings on the corner of Suffolk Street & Clinton Avenue totaling 15 units (9 units in one building, 6 in the other) — investor-oriented value-add opportunity with many long-term tenants currently paying below-market rents. Both buildings feature steam boiler heating (one oil, one natural gas) with one boiler replaced one year ago, rubber membrane roofs, 8 garage bays plus 6 additional off-street parking spaces, and fire monitoring systems; all emergency lighting updates have been completed. Rent roll, financials and showings available upon request — (listing agent has an ownership interest).
275-285 Suffolk St, Holyoke, MA, 01040
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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