Presented byKenda Coleman |
Exceptional opportunity awaits with this 6, 930 sq. ft. two-story mixed-use building on a . 26-acre lot in an R-2 zoned area. Boasting 18 bedrooms and 8 baths, the first floor seamlessly blends office space with individual occupancy rooms, while the second floor primarily features private rooms. Each floor is equipped with three shared bathrooms servicing the occupants, and most single occupancy rooms include a convenient sink. Kitchen areas on both levels cater to the needs of the occupants. The basement, 80% finished, showcases a commercial-grade kitchen, a recreational/workout area, and a spacious sitting room. Maintained to a high standard, 57-59 Sharp Street exhibits an overall average conditional state, setting it apart from comparable properties in the vicinity. This property is primed for a variety of commercial purposes, promising a versatile and well-maintained space for potential buyers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 617.548.3987
Kenda.Coleman@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,276 | $5,708 | $7,666 |
Total Monthly Payment | $5,401 | $5,833 | $7,791 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.