195 Andover St, Andover, MA, Massachusetts, property flyer

195 Andover St, Andover, MA, 01810 | $159,900

Rare opportunity to acquire a well-established neighborhood convenience store with 20+ years of successful operation and loyal local customer base. Fully licensed for beer, wine, lottery, tobacco, and ATM, creating multiple revenue streams and steady daily traffic. Store has paid out multiple winning lottery tickets, strengthening community visibility and repeat customers. Sale includes all equipment, fixtures, and two large storage rooms, allowing a turnkey transition for a new owner. Current owner will provide up to 30 days of training to support a smooth handover. Asking price $159, 900. Seller will provide a $9, 900 credit at closing that may be applied toward closing costs or broker compensation. Proof of funds or financing pre-approval required prior to release of financial information. Signed confidentiality agreement required for access to POS reports and tax records. Please do not approach staff regarding the sale.

Features

Construction: Brick
Zoning: Comm

Year Built: 2007
MLS#: 73484215

Website: https://www.raveis.com
/prop/73484215/195andoverst_andover_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 Mustafa Ajlouni courtesy of Gold Door Realty Phone: 401-343-7007

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Market your home to realize a quick sale at the best possible price
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Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

195 Andover St, Andover, MA, 01810

$159,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$127,920	$127,920	$127,920
Term	360 months	360 months	180 months
Initial Interest Rate**	5.875%	6.250%	5.375%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.357%	6.419%	5.668%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$757	$788	$1,037
Total Monthly Payment	$832	$863	$1,112

* 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.