26 Millbury St, Worcester (Downtown), MA, Massachusetts, property flyer

26 Millbury St, Worcester (Downtown), MA, 01610 | $250,000

Electric Haze is Worcester’s 21+ entertainment space featuring the best live events and visual art in a sleek lounge setting. Curated menu offerings include specialty cocktails, craft beer, and fine wines —all offered alongside the most popular hookah flavors in the market. Located on Millbury Street in the heart of the canal district, across the street from the new Woo Sox stadium, in a former mid century department store, Electric Haze has a great reputation, and you can't beat the location and the building aesthetics. The owner is ready to retire from working the night life and is seeking someone who is looking for a great opportunity like this, all licenses and everything in place, comes with construction plans to add a rooftop lounge as well.

Features

Town: Worcester
Utilities: Public Water, Public Sewer, Natural Gas Available, 220 Volts

Zoning: BG-3
Year Built: 2013

MLS#: 73478069
Website: https://www.raveis.com
/prop/73478069/26millburyst_worcester_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 Victoria Mariano courtesy of Lanagan & Co Phone: 617-848-1240

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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

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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26 Millbury St, Worcester (Downtown), MA, 01610

$250,000

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 Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$200,000	$200,000	$200,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.250%	5.875%	5.125%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.112%	6.520%	5.415%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$1,104	$1,183	$1,595
Total Monthly Payment	$1,179	$1,258	$1,670

* 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.