Excellent opportunity for investors! This fully rented three-family investment property features long-term tenants and offers 3,075 square feet of living space with a total of 14 rooms, 8 bedrooms, and 3 full bathrooms.The first and second-floor units each offer 3 bedrooms and 1 full bathroom, while the third-floor unit features 2 bedrooms and 1 full bathroom. Each unit has separate utilities. Current rents are below market value, offering strong potential for increased cash flow. Conveniently located near shopping, restaurants, parks, medical facilities, and major commuter routes. Showings deferred until the Open House on Sunday, June 7, from 12 pm to 2 pm.
459-461 Armory St, Springfield, MA, 01104
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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