2 Franklin Street, Buckland, MA, 01338 | $299,000

DEADLINE FOR OFFERS IS WEDNESDAY MAY 20 @ 9AM. A solid 3 family investment or owner occupied opportunity sitting on the corner of Franklin and Ashfield Streets just up the hill from the Bridge of Flowers and Village of Shelburne Falls. A great rental history with owners that have made significant repairs/renovations since 2009. 2nd egress added, 3 new electric hot water heaters (2021). One hot water oil boiler, Two hot air oil furnaces serviced annually. Three oil tanks installed on concrete pads (2017). Two of the bathrooms have been remodeled. Windows are replacements (prior 2009). The second floor 2 bedroom unit has laundry hookups plus an enclosed porch. Additional laundry hookups are in the basement. Slate roof maintained annually. Owner mows weekly. Plowing & dumpster paid by owner. Tenants pay for heat & electricity. Enjoy nearby Berkshire East and Zoar Outdoors! One unit currently vacant, two are occupied.

Features

  • Amenities: Shopping, House of Worship, Private School, Public School
  • Rooms: 15
  • Bedrooms: 7
  • Baths: 3 full
  • Units: 3
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Year Built: 1870
  • Garage: 1-car
  • Basement: Full, Interior Entry, Bulkhead, Dirt Floor
  • Approx Sq. Feet: 3,584
  • Acreage: 0.29
  • Est. Taxes: $4,880
  • Lot Desc: Corner Lot
  • Appliances: Range, Refrigerator
  • MLS#: 73515878
  • Website: https://www.raveis.com
    /prop/73515878/2franklinstreet_buckland_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 Donna Wesoloski courtesy of Alliance Partners Real Estate LLC

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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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2 Franklin Street, Buckland, MA, 01338

$299,000

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 $239,200 $239,200 $239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $407 $407 $407
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,473 $1,510 $1,986
Total Monthly Payment $1,955 $1,992 $2,468

* 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.