1015 Broadway, Haverhill, MA, Massachusetts, property flyer

1015 Broadway, Haverhill, MA, 01832 | $1,479,000

Three building commercial complex consisting of eight commercial rental spaces and one, 1-bedroom apartment. The main building built in the mid 1900's is about 6, 500 sf in size and divided into five tenant spaces. The two story, 2-bay garage offers high bay drive in flex space with a large finished room above. In 2020 a three bay commercial garage was built consisting of about 2, 750 square feet. Many updates and recent improvements. Lots of room for rent adjustment from current, mostly TAW renters. Great highway access less than two miles from Route 495 to the east and about one and a half miles west to Salem NH. Great owner investor property.

Features

Zoning: RM Res
Year Built: 1950
Approx Sq. Feet: 10,426

Acreage: 0.97
Est. Taxes: $9,643
MLS#: 73475913

Website: https://www.raveis.com
/prop/73475913/1015broadway_haverhill_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 Laurence Marocco courtesy of Minco Commercial Phone: 978-687-6200

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

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1015 Broadway, Haverhill, MA, 01832

$1,479,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, 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	$1,183,200	$1,183,200	$1,183,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.125%	6.000%	5.750%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.021%	6.110%	5.932%
Monthly Tax Payment	$804	$804	$804
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$6,442	$7,094	$9,825
Total Monthly Payment	$7,371	$8,023	$10,754

* 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.