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Presented by
Sheryl Doherty |
Historic 9-Unit Bed & Breakfast | ±10, 560 SF on ±0. 33 Acres
Exceptional opportunity to own a beautifully maintained three-story historic bed & breakfast offering approximately 10, 560 square feet on a ±⅓-acre lot. Within walking distance to the downtown theater/business district. This well-appointed property features nine unique guest suites, each with private baths and kitchenettes, blending classic charm with modern amenities. Large parking lot in the rear of the property also offers a separate right of way directly onto East Housatonic St.
Guests are welcomed through an elegant entry foyer, leading to inviting common spaces including a parlor, formal dining room, and fully equipped common kitchen. The first floor also includes two spacious guest suites. Throughout the property, you'll find beautiful maple, oak, mahogany, and blackwood flooring, along with 3 fireplaces located in common areas on first floor.
The second floor hosts four guest suites with a shared common area, while the third floor offers three additional suites and another common gathering space. There is also a potential for a private one-bedroom owner's unit located in the basement, ideal for on-site management.
Upgraded heating system includes high efficiency Viessman boiler with architectural radiators throughout. Upgraded fire security system complete with sprinkler system.
The property offers approximately 95 feet of frontage along Wendell Avenue and is zoned DCD (Downtown Creative District).
A rare opportunity to own a turnkey hospitality property with historic character and strong income potential.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.852.9640
Sheryl.Doherty@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $680 | $680 | $680 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,227 | $5,679 | $7,908 |
| Total Monthly Payment | $6,032 | $6,484 | $8,713 |
* 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.