Welcome to 1303 Calkins Road, a unique opportunity offering comfortable living with built-in income potential. This 4-bedroom, 2.5 bath raised ranch sits on almost an acre corner lot with excellent visibility on Route 20 and is zoned for highway business use. The open floor plan features a spacious kitchen with island, open to the large living room and dining space. The bright sunroom off the primary bedroom is perfect for a home office, sitting room, or hobby space. Enjoy a private backyard and one-car garage along with ample parking. The finished lower level (approx. 594 sq. ft.) is currently leased to a long-term business tenant generating $900 per month to help offset your mortgage. Looking ahead, the business space offers excellent potential for your own home-based business. While the home could benefit from cosmetic updates, the flexible layout, rental income, and future possibilities make this a truly rare opportunity.
1303 Calkins Rd, Palmer, MA, 01069
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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