Tremendously flexible retail or office space with warehouse or shop floor space in the rear. the vibrant business is relocating and this presents an opportunity for you! This 1, 970sf retail condominium in Tewksbury's Village Landing Professional Building on MA Route 38, (Main St), features multiple showrooms and offices up front with beautiful flooring, either beautiful new polished epoxy flooring or new laminate flooring you'd mistake for hardwood. The warehouse features a drive-in/grade-level overhead door, and has the original concrete floor and original ceiling tiles. The Condo Association fee is $470. 13 per month and includes water, snow removal, community trash dumpster, landscape, and master insurance. New ceiling tiles throughout with the exception of the warehouse. There was a new furnace installed in 2020. Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition. Be advised that the security system records audio and video.
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Our Executive Mortgage Banker:
Our Insurance Division:
$339,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $271,200 | $271,200 | $271,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.171% | 6.538% |
Monthly Tax Payment | $278 | $278 | $278 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,827 | $1,802 | $2,325 |
Total Monthly Payment | $2,180 | $2,155 | $2,678 |
* 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.