Rare opportunity to own a mixed-use property featuring a 26' x 50' detached two-story concrete block outbuilding with electricity, ideal for contractors, warehouse space, storage, a workshop, or other potential commercial uses. Situated on a corner lot, the outbuilding offers convenient access and exceptional flexibility. The property also includes a well-maintained two-family home with separate utilities, providing immediate rental income. Both units are occupied by long-term tenants, with one tenant currently in the process of relocating, potentially resulting in a vacant unit at closing. One unit also includes an additional room that could serve as a second bedroom, office, or flex space. A unique opportunity for investors, owner-users, or business owners seeking income with added commercial potential. Buyer to verify all permitted uses.
90 Andrew St, Springfield, MA, 01109
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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