Exceptional mixed-use investment opportunity in the heart of Chicopee! This extensively renovated property underwent a comprehensive renovation in 2021, offering peace of mind with major capital improvements already completed. Updates include a new roof , siding, windows, electrical, plumbing, decks, hot water heaters, and a new fire alarm system.The property features two residential apartments, one office space, and one storefront ready to be built to suit a future tenant or owner-occupant. All residential units have lead compliance certificates, providing added value and peace of mind. The entire property will be delivered completely vacant at closing, offering maximum flexibility for investors, owner-occupants, or business owners. Lease all units at current market rents, customize the commercial spaces to your needs, or create the ideal mixed-use income-producing asset. With major renovations already completed and endless possibilities for income generation, this turnkey property.
182 Chicopee St, Chicopee, MA, 01013
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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