Solid income stream at this downtown Northampton 12-unit apartment building, and the proximity to downtown cannot be beat. The 12 apartments are either 1- or 2-bedroom units and are rented through August 2027 at market rate rents. Owner has never had a vacancy. New stairs and 2nd/3rd floor egress, new heating systems, new paint, well maintained building with laundry and dry basement. Parking for 12+ cars. Common areas and units share character and charm with period details. Expenses available at showings. Leases available for review with an accepted offer. A representative number of units will be shown at first showings.
81 Bridge St., Northampton, MA, 01060
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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