181 S Franklin St, #400, Holbrook, MA, 02343 | $499,900

OWN YOUR OWN CLASS A OFFICE SPACE! JUST LIKE NEW 2, 443 square foot OFFICE CONDO built in 2019 & situated conveniently on Rte 37 just South of Holbrook Center. Convenient to Braintree, Randolph, Brockton, Abington & Weymouth & just 1 mile from the Holbrook/Randolph Commuter Rail Station & right on the T Bus Line to Braintree/Quincy. This simply beautiful & functional space is located on the sun-filled South & West side front, first floor of the building & is handicapped accessible & has wide open office spaces, lots of glass window walls, a full kitchen/breakroom, a large conference room separated by tempered glass walls, storage space/file room, men's & women's lavatories & mechanical/internet room. The office has upgraded finishes, cutting edge lighting, easy to maintain LVT flooring & 9 dedicated parking spaces. Note that the current tenant (insurance agency) has a lease that runs to May 31, 2025 at gross annual rent of $60, 000. Great commercial investment property or future office!

Features

  • Utilities: Public Water, Public Sewer, Natural Gas Available
  • Parking: 9-car
  • Zoning: Condo
  • Year Built: 2019
  • Approx Sq. Feet: 2,443
  • Est. Taxes: $16,353
  • MLS#: 73242994
  • Website: https://www.raveis.com
    /prop/73242994/181sfranklinst_holbrook_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Todd Sandler courtesy of Todd A. Sandler REALTORS®   Phone: 781-961-1185

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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181 S Franklin St, #400, Holbrook, MA, 02343

$499,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $399,920 $399,920 $399,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $1,363 $1,363 $1,363
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,661 $2,658 $3,373
Total Monthly Payment $4,099 $4,096 $4,811

* 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.