Rare opportunity to own a highly visible mixed-use property with strong income potential in one of Auburn's most accessible commercial corridors! This well-maintained property features a vacant first-floor salon space ready for an owner-user or new tenant, plus an occupied residential unit upstairs providing immediate rental income. Offering 1,411 sq. ft. and an abundance of on-site parking, the property delivers flexibility and upside for investors and business owners alike, with potential for a variety of uses, from a car dealership to professional office space! Strategically located on Auburn Street with easy access to Rt. 20, 12, I-290, I-395, and the Mass Pike, the property benefits from excellent visibility, steady traffic exposure, and convenient access to surrounding amenities. Surrounded by established businesses, retail, dining, and residential neighborhoods, this is an ideal opportunity to generate income today while maximizing future potential. Don't miss out on this gem!
188 Auburn St, Auburn, MA, 01501
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
